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OpenAI expects to go public within the next year

OpenAI CEO Sam Altman told staff in a message earlier this week that he expected the AI startup to go public “within the next year,”the ChatGPT maker said on Monday it had confidentially ‌filed for a ⁠U.S. initial ⁠public offering recently, joining rival Anthropic in a push toward a stock market listing as it looks to tap into insatiable investor demand for AI shares. It did not, however, disclose the size or terms of the offering, and said a timeline has not yet been determined.The OpenAI CEO also said in his message that if advances in the company’s technology enabled its AI to create new AI on its own – known as recursive self-improvement – it could weaken the push for a quick IPO. How important is OpenAi listing on IPO?

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