OpenAI preparing September IPO
openai, valued at $86 billion, plans to file confidential ipo paperwork with the sec within days for a september listing.
openai is reportedly preparing to file confidential ipo paperwork with the sec within days, aiming for a september listing with a valuation of $86 billion. banks goldman sachs and morgan stanley are assisting with the prospectus. the move follows a legal victory against co-founder elon musk, who sued to block the company's transition to a for-profit structure, though he intends to appeal the ruling.