OpenAI confidentially files for IPO, joining Anthropic and SpaceX in blockbuster tech listing lineup
OpenAI has confidentially filed for an IPO, joining Anthropic and SpaceX in what could become the three largest tech listings on record. The AI company acknowledged the filing will likely leak, so it preemptively announced it, though it noted no timeline has been set and going public may take a while as certain goals are easier to achieve as a private company. This completes a "hat trick" of major tech IPOs from leading AI and space exploration companies.
Key quotes
We recently submitted a confidential S-1.
We expect it to leak so we're just announcing it.
We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company.
But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.
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