OpenAI has confidentially filed for a US initial public offering, joining rival Anthropic in moving toward a stock market debut amid strong investor appetite for artificial intelligence companies. The ChatGPT maker is reportedly targeting a valuation of up to $1 trillion, with its IPO potentially launching as early as September.

ChatGPT-maker OpenAI has filed confidentially for an initial public offering, the company said Monday in a blog post. The filing comes a little more than

The ChatGPT maker announced it has filed paperwork to go public, just a week after rival Anthropic took the same step.

ChatGPT maker is expected to be valued at more than $850bn