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Evening Standard
Evening Standard
Business
Simon Hunt

Fake $1 billion OpenAI investment news appears on London Stock Exchange website

A US private equity business was today shocked after a fake press release appeared on the London Stock Exchange website alleging that the firm was planning to invest $1 billion into ChatGPT owner OpenAI.

The announcement, which appeared on the LSE’s regulatory news site, claimed that New York-based Ripplewood “would like to set up the software as a driving force in the fund” and that “in the event of a possible IPO a ChatGPT stake is a giant valuable asset…[a] bargain for investors.”

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