What Happened
Artificial Intelligence Giant Tests Investor Appetite
OpenAI, the artificial intelligence lab led by Sam Altman, has filed confidentially for an initial public offering, potentially this fall. The move comes as SpaceX is expected to begin trading on the public markets, and Anthropic also seeks to go public. The timing of OpenAI’s IPO is uncertain, with the company stating it may be a while before listing its shares. This development was first reported by The New York Times.