OpenAI barrels towards IPO that may happen in September
TechCrunch
OpenAI is preparing for a potential initial public offering as soon as September following a favorable legal outcome.Summary
Following a court victory that secured its structure and finances, OpenAI is reportedly preparing for an initial public offering (IPO) targeted for September. CEO Sam Altman is working with major investment banks Goldman Sachs and Morgan Stanley to facilitate the process, with confidential regulatory filings expected shortly. The move sets the stage for a high-profile financial competition between OpenAI and Elon Musk’s SpaceX, which is also rumored to be moving toward its own public offering.
(Source：TechCrunch)