Business Insider
US · 4 hrs ago
OpenAI confidentially files for IPO, but says it 'may be a while' before it goes public
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OpenAI confidentially files for IPO, but says it 'may be a while' before it goes public
OpenAI CEO Sam Altman.
Chip Somodevilla/Getty Images
OpenAI announced it has filed its confidential S-1 to go public.
The draft brings Sam Altman's company a step closer to a huge IPO and the public markets.
OpenAI's post said the company has not yet decided on the timing of the IPO.
OpenAI has filed its confidential S-1, the first official step toward a blockbuster IPO.
The ChatGPT developer announced the filing on Monday in a short, blunt blog post. The confidential S-1 draft gives the U.S.
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