🔴 Breaking News 17h ago · Madison Mills

OpenAI files IPO paperwork

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OpenAI files IPO paperwork
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OpenAI said Monday it has confidentially filed draft IPO paperwork, giving itself the option to tap public markets — even as the company says its focus remains on building new AI products rather than preparing for a listing.Why it matters: The race is on between Anthropic and OpenAI to go public and tap investors for tens of billions of dollars.What they're saying: OpenAI has not decided on timing, adding that "it may be a while because there are things we want to do that are likely easier as a

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