Forbes UK
The New York Times
HuffPost
Cheap AI could derail OpenAI and Anthropic's IPOs
But OpenAI investors still believe they can cash in — perhaps to the tune of $1 trillion — if the company launches on the stock market soon.
The ChatGPT maker has been working with tech IPO powerhouse bankers Goldman Sachs and Morgan Stanley, and may file IPO paperwork confidentially with regulators within days or weeks, per the WSJ.
The company is valued at more than $850 billion by private investors.
The plan by the ChatGPT maker, which was last valued at $852 billion, comes two days after it fended off an existential court challenge from Elon Musk and threatens to upstage an IPO filing by Musk’s SpaceX, expected later in the day.
