OpenAI readies blockbuster IPO

OpenAI is reportedly preparing to file for an initial public offering that could value the artificial intelligence giant at nearly $1 trillion.

The move comes just days after the company secured a legal victory in its high-profile court battle against Elon Musk, clearing a major hurdle for its transition to a public entity.

Goldman Sachs and Morgan Stanley are reportedly working on the paperwork for a listing that could occur as early as September.

The public offering would represent a landmark moment for the AI industry, potentially surpassing previous records for tech debuts.