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    HindustantimesITNewspapers

    OpenAI files for IPO: Why AI giants are racing to Wall Street

    Neha Kumari
    By Neha Kumari4 hours ago

    OpenAI, the company behind ChatGPT, confirmed Monday it had confidentially filed preliminary paperwork for a US initial public offering with the Securities and Exchange Commission. It declined to set a timeline, but left open the possibility of a listing as early as this fall.

    The company anticipated the filing would leak and chose to announce it first.

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