US tech race to go public in full swing as OpenAI plots stock market float

OpenAI is planning to launch its shares on the US stock market, while Anthropic, which makes the chatbot Claude, has also submitted the paperwork (Alamy/PA) -

OpenAI is planning to launch its shares on the US stock market, hot on the heels of rival AI giant Anthropic as the industry’s race to go public enters full swing.

The company behind the chatbot ChatGPT announced that it had filed paperwork with the US Securities and Exchange Commission for an expected initial public offering (IPO).