ChatGPT creator OpenAI has privately submitted paperwork for a US stock market debut, the firm announced on Monday. The move aligns the company with competitor Anthropic in a transition towards public trading, capitalising on intense investor demand for a stake in the surging artificial intelligence sector.
No details regarding the size or conditions of the offering were shared by OpenAI, with the business stating that a schedule is still up in the air. The firm noted in an official release that the process could take some time, explaining that 'there are things we want to do that are likely easier as a private company.'
