Following Anthropic, OpenAI files confidentially for IPO
OpenAI has confidentially filed for an IPO, shortly after rival Anthropic did the same.
OpenAI said Monday in a blog post that it has confidentially filed for an initial public offering. The move comes a little over a week after Anthropic, its main rival, also filed to go public. TechCrunch notes that OpenAI was last valued at $852 billion post-money, making the filing a major marker in the AI sector’s race toward public markets.
TechCrunch reports that OpenAI, the developer behind ChatGPT, announced on Monday via its company blog that it has confidentially filed for an initial public offering (IPO). A confidential filing typically means the company has initiated part of the listing process, but there is still very limited publicly available information before the formal prospectus is released. What can be confirmed at this stage is that OpenAI has officially moved toward an IPO — not that it has completed its listing or disclosed full financial data.
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