OpenAI Chairman: No latest news on IPO timing

Golden Finance reported that on July 17, OpenAI chairman Bret Taylor said in a CNBC interview that investors waiting for news of OpenAI’s first public offering will have to keep holding their breath. “There’s no update on the IPO plans,” Taylor said. He reiterated the company’s position when it secretly filed documents with the U.S. Securities and Exchange Commission last month: “We did this to preserve options when we want to do it, but we haven’t set out any specific plan yet. While we’re not public, there’s a lot we want to do.”
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