OpenAI CEO Sam Altman advocates for mandatory AI evaluations on Capitol Hill

OpenAI says it filed for an initial public offering in the US, but has not yet decided when it will launch.

ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing.

OpenAI, the company behind ChatGPT, filed a confidential draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Monday, positioning itself for a potential public offering that could rank among the largest in market history. OpenAI Confirms the Filing The company acknowledged the submission in a statement that circulated widely across social […]

Insider Brief OpenAI indicated it plans to go public but has given no timeline on when that could happen. OpenAI announced on its website it filed a draft S-1 registration statement with the U.S. Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company wrote. “We have not decided […]

Tools for Humanity, Sam Altman's identify verification company, is reportedly struggling to generate revenue and will downsize its staff.

The company that launched ChatGPT in 2022 is now betting its future on something closer to WeChat than a Q&A box

OpenAI has confidentially filed for a U.S. initial public offering as major AI companies move toward public markets. The ChatGPT maker did not disclose the size or terms of the planned listing. Reports said the company may seek a valuation…

ChatGPT maker is expected to be valued at more than $850bn OpenAI has filed confidentially to go public on the US stock market, according to a company blog post published Monday. The ChatGPT maker is expected to be valued at more than $850bn. “We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best,” the company’s post reads. An S-1 is an investor prospectus submitted to the US Securities and Exchange Commission (SEC) in advance of an initial public offering (IPO). Continue reading...