Tech giant OpenAI files for US initial public offering
OpenAI, the company behind ChatGPT, has confidentially filed for an initial public offering (IPO) in the United States. The company did not disclose the size or terms of the offering, nor a specific timeline, stating that some objectives are easier to pursue as a private entity.
The story so far
- Jun 8
How outlets cover it
3 outletsNot rated on the left–right scale. It describes Western party politics and doesn’t fit state media or outlets outside that system, so we show ownership and country instead.
Open questions and key claims
ChatGPT had more than 900 million weekly active users and more than 50 million consumer subscribers.
OpenAI said earlier this year that it was raising $110bn at an $840bn valuation from backers including SoftBank, Amazon and Nvidia.
OpenAI closed a funding round of $122bn in March, pegging its value at around $852bn.
The IPO is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn.
OpenAI doesn’t have a lot of other places to look for the enormous capital required to support its costs.
OpenAI's chief rival Anthropic is also filing to go public on the US stock market.
Reuters previously reported that OpenAI is targeting a valuation of up to $1 trillion in a stock market debut.
OpenAI is now a company valued at $852 billion.
Who and where
Related stories over time
same people and places- Apr 10 – Apr 14 earlier
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- Sep 23 – Sep 29 later
- Sep 24 – Oct 1 laterCalifornia issues investigative subpoena to OpenAI over rogue agents’ hacking9 articles · 4 outlets