OpenAI Files for IPO

OpenAI, the creator of ChatGPT, has confidentially filed for a US IPO, reportedly targeting a valuation of up to $1 trillion.

This move follows a legal victory and places OpenAI alongside rivals Anthropic and SpaceX in a surge of AI companies seeking public market access.

The company's rapid growth, fueled by its ChatGPT product, has drawn significant investor interest, making its debut a key test of the AI investment boom.

While the timing remains undisclosed, the filing signals OpenAI's intent to capitalize on the current market enthusiasm for artificial intelligence.