OpenAI expects to go public within the next year: Report
OpenAI CEO Sam Altman told staff in a message earlier this week that he expected the AI startup to go public “within the next year,” The Information reported on Wednesday.
The ChatGPT maker said on Monday it had confidentially filed for a U.S. initial public offering recently, joining rival Anthropic in a push toward a stock market listing as it looks to tap into insatiable investor demand for AI shares.
It did not, however, disclose the size or terms of the offering, and said a timeline has not yet been determined. “It may be a while because there are things we want to do that are likely easier as a private company,” OpenAI said on Monday.
