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OpenAI to Confidentially File for IPO as Soon as Friday.

OpenAI is preparing to confidentially file a draft of its IPO prospectus as early as this Friday, potentially marking one of the largest public market debuts in history.

Valued at over $850 billion by private investors, OpenAI is collaborating with banks including Goldman Sachs and Morgan Stanley to finalize the filing in the coming days or weeks.

A company spokesperson stated, “As part of normal governance, we regularly evaluate a range of strategic options.

Our focus remains on execution.”

Source (CNBC)

SourceCNBC
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