OpenAI to confidentially file for IPO as soon as Friday: Report
The filing could come after a legal win over Elon Musk and as OpenAI works with Goldman Sachs and Morgan Stanley on IPO paperwork.
- OpenAI may confidentially file for an initial public offering as soon as Friday, much earlier than previously expected, according to the Wall Street Journal.
- The CFO, Sarah Friar, had targeted an IPO filing in the second half of 2026, with a listing in 2027.
- An early IPO could provide Microsoft with liquidity amid its significant capital expenditures.
- The urgency to go public increased after OpenAI's legal victory over co-founder Elon Musk, which was previously a major obstacle.
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91 Articles
After Elon Musk and SpaceX, it is OpenAI that prepares its entry into the stock exchange. Several American media report the future filing of its preliminary file. After raising funds of 122 billion dollars two months ago, the company is valued at 852 billion dollars.
Already in September according to the US media, in what would be one of the biggest initial public offers ever
OpenAI to Submit IPO Application as Early as the 22nd; Aiming for a September Listing. OpenAI, the developer of ChatGPT, appears to plan to submit an initial public offering (IPO) application to securities market authorities as early as this week. OpenAI has been preparing an investment prospectus with investment banks such as Goldman Sachs and Morgan Stanley, and this...
The Conversation
stuff.co.zaWhen AI giants go public, will ordinary investors know if they are along for the ride?
NurPhoto/Getty ImagesWe’ve heard a lot about the artificial intelligence (AI) boom and how enormous amounts of money are being poured into companies building ever more powerful technologies. That boom is now taking a new turn as major AI players edge closer to becoming publicly-traded companies. According to reports, OpenAI is preparing to file confidentially for a public listing that could value the ChatGPT maker at hundreds of billions of doll…
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