OpenAI to file IPO paperwork in coming days: WSJ

ChatGPTmaker OpenAI is preparing to file for a stock market listing in the coming days, possibly as early as Friday, the Wall Street Journal reported Wednesday, citing people familiar with the matter.

Valued at $852 billion in a recent funding round, OpenAI is working with bankers at Goldman Sachs and Morgan Stanley on a draft prospectus it plans to file confidentially with regulators, with the aim of going public as early as September, according to the report.

The filing would come asElon Musk’sSpaceX is expected to unveil IPO paperwork this week ahead of a potential June offering, making 2026 a blockbuster year for IPOs, with AI giant Anthropic also expected to go public.

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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Source: Insider Paper