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Following Anthropic, OpenAI files confidentially for IPO

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CitrixNews Staff
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Following Anthropic, OpenAI files confidentially for IPO

ChatGPT-maker OpenAI has filed confidentially for an initial public offering, the company said Monday in a blog post. The filing comes a little more than a week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI firms.

OpenAI, which was last valued at $852 billion post-money, submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed IPO. The company didn’t list the number of shares or set a price.

Originally reported by TechCrunch