On Monday, OpenAI, the developer behind ChatGPT, confidentially filed for an Initial Public Offering (IPO) in the United States. This move places it alongside competitor Anthropic in tapping into the stock market, responding to the fervent investor interest in AI sector investments. OpenAI has kept the scale and specific terms of the offering under wraps. However, reports suggest that this AI powerhouse is aiming for a valuation of up to $1 trillion as early as September in its IPO endeavor.
