Skip to main content

OpenAI thought to be preparing for $1tn stock market float

ChatGPT developer is considering filing for an IPO by the second half of 2026, according to reports

OpenAI is reportedly gearing up for a stock market listing valuing the company at $1tn (£76bn) as soon as next year, in what would be one of the biggest ever initial public offerings.

The developer behind the hit AI chatbot ChatGPT is considering whether to file for an IPO as soon as the second half of 2026, according to Reuters, which cited people familiar with the matter. The company is thought to be looking to raise at least $60bn.

Continue reading...

from The Guardian https://ift.tt/ajG5q3J
Labels:

Comments

Post a Comment

Popular posts from this blog

Details of F.B.I.’s Kavanaugh Inquiry Show Its Restricted Range

By MICHAEL D. SHEAR, SHERYL GAY STOLBERG, MAGGIE HABERMAN and MICHAEL S. SCHMIDT from NYT U.S. https://ift.tt/2QhwZyw
Post a Comment
Read more

The Guardian view on Labour’s difficult year: denial of hard choices is no longer an option | Editorial

All the incentives in Westminster politics militate against confronting difficult issues, but a failing government may as well try honesty The formula for stable government, according to Britain’s constitution, is a big parliamentary majority and divided opposition. Sir Keir Starmer’s predicament proves that those conditions are not sufficient. The prime minister’s inability to convince voters that he has an agenda for national renewal, and the demoralising effect that has had on the Labour party, make a leadership challenge look plausible after local elections next May. Maybe sooner. Continue reading... from The Guardian https://ift.tt/JQljg0U
Post a Comment
Read more