Microsoft Stock Is a Buy as OpenAI Prepares for an IPO. Here’s Why.

According to reports, OpenAI might confidentially file for an initial public offering (IPO) as soon as this week. While reports about the imminent IPO have been floating around for quite some time now, they seem more credible this time around after the ChatGPT parent defeated Elon Musk’s lawsuit, which alleged that the company strayed from his mission by setting up a for-profit corporation.

Musk has vowed to appeal the decision, but the ruling has cleared a key obstacle to OpenAI’s IPO. The listing could be among the biggest ever and would test the appetite for pure-play artificial intelligence (AI) names at a time when opinion over the technology is as divided as ever. While some see AI as a bubble of epic proportions, others see it as a game-changer even bigger than the internet.