Business & Economy · 21 views
ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic
The AI tech leader told investors it was planning to spend about $600 billion on AI infrastructure by 2030.
Summary
OpenAI filed confidentially for an IPO, as the ChatGPT maker looks to join artificial intelligence rivals tapping public markets to fund ambitious growth plans. The Sam Altman-led firm submitted paperwork for an initial public offering with the US Securities and Exchange Commission, the company said. OpenAI is working with Goldman Sachs Group Inc. and Morgan Stanley on a potential listing as soon as in the fall, people familiar with the matter have said .
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