OpenAI Has Filed For an IPO, Company Says Timing Remains Up In the Air (opens original article in a new tab)

OpenAI has confirmed a confidential IPO filing with the SEC, following rumors and competitor Anthropic's similar move, though the timing remains undecided.

• OpenAI filed a confidential S-1 with the SEC.
• The company has not set a timeline for the IPO.
• Competitor Anthropic also filed an IPO filing recently.
• OpenAI's valuation is $852 billion.