OpenAI files to go public in test of investor appetite for top AI startups

The ChatGPT maker confidentially filed for an offering, but said ‘it may be a while’ before it goes public

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OpenAI, which kick-started the artificial-intelligence boom with the 2022 release of ChatGPT, is officially preparing to stage an initial public offering that will test investor appetite for AI companies.

The company led by Sam Altman confidentially filed IPO paperwork with the Securities and Exchange Commission, the startup said in a written statement. The filing sets up the company to potentially go public as soon as this fall, though OpenAI said it hasn’t yet decided on timing.

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