OpenAI May Go Public As Soon As September
The IPO would come after a jury sided with CEO Sam Altman in a legal battle with Elon Musk.
OpenAI is reportedly preparing to file for an initial public offering (IPO,) according to The New York Times. If a filing does happen in the near future, the IPO could take place as soon as September.
This is all according to a pair of company insiders who spoke to the paper. They said that OpenAI has been laying the groundwork for an IPO filing via discussions with Goldman Sachs and Morgan Stanley. The company is reportedly keeping a close eye on the stock market to help choose the perfect time to file.
OpenAI has responded to today's reporting, but with some mealy corporate-speak. "As part of normal governance, we regularly evaluate a range of strategic options," a spokesperson said in a statement. "Our focus remains on execution."
OpenAI is one...
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