OpenAI Files With SEC to Go Public, No Timeline Disclosed

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 […]

Altman's advocacy for post-development AI risk evaluations could streamline innovation, impacting regulatory landscapes and investment strategies. The post OpenAI CEO Sam Altman advocates for mandatory AI evaluations on Capitol Hill appeared first on Crypto Briefing.

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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...