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genai/news//The Atlanta Journal-Constitution
OpenAI has filed preliminary paperwork to potentially become a publicly traded company.
OpenAI has filed confidential paperwork with the SEC, indicating possible plans for an IPO.
KEY POINTS
This move follows recent IPO preparations by Anthropic and Elon Musk's xAI, intensifying AI competition.
OpenAI's unique hybrid nonprofit-for-profit structure remains, raising questions about public business conversion.
If listed, OpenAI could become one of the 15 biggest S&P companies by valuation.
OpenAI has filed preliminary paperwork to potentially become a publicly traded company
FILE - Sam Altman arrives at the U.S. District Court in Oakland, Calif., April 30, 2026. (AP Photo/Godofredo A. Vásquez, file)
By MATT O'BRIEN – AP Technology Writer
Updated 23 minutes ago
ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.
The San Francisco-based company said Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission.
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