According to Bloomberg, OpenAI has secretly filed IPO application documents with the U.S. SEC and is working with Goldman Sachs and Morgan Stanley to move the listing forward, with the earliest possible completion as soon as this fall. OpenAI said it has not yet set a specific timeline and that some business arrangements are easier to proceed with as a private company. As of now, OpenAI’s latest round of funding values the company at $852 billion, with a single-round financing amount of $122 billion. With AI companies continuing to invest in chips, data centers, and infrastructure build-out, OpenAI previously projected that it would spend about $600 billion on AI infrastructure by 2030.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments