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Deep Tide TechFlow News, May 21, according to WSJ reports, OpenAI is collaborating with investment banks such as Goldman Sachs and Morgan Stanley to prepare for an initial public offering (IPO) application in the coming days or weeks.
Sources familiar with the matter say that the involved banks are assisting OpenAI in drafting the prospectus, which is planned to be confidentially submitted to regulators soon, with the earliest possible submission by this Friday. OpenAI hopes to go public as early as September this year, but the related plans may still be adjusted.