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1 day ago

OpenAI signals potential stock market debut while weighing private-company advantages

OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm.The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated no final decision has been made on whether or when shares would begin trading publicly."We recently submitted a confidential S-1. We expect it to leak so we're just announcing it," OpenAI said in a statement Monday. "We have not decided on timing yet; it may be a while because the...

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