Two companies under the wing of American entrepreneur Sam Altman appear to be headed in different directions. On one end, OpenAI has reportedly completed the necessary paperwork and filed it with the US Securities and Exchange Commission. This means that OpenAI would be among a growing list of artificial intelligence companies set to debut on Wall Street.
Ironically, on the same day as the OpenAI IPO filing, a leaked memo revealed that another Altman company, Tools for Humanity, was laying off workers. The $2.5 billion orb startup is reportedly struggling to generate revenue, and the unpopular recourse being taken is laying off some of its workforce.
