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OpenAI has revealed plans to sell shares to the public through a stock listing in the US.
OpenAI has made a confidential filing with the US SEC for an IPO.
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The company has not specified a timeline for when the IPO will occur.
OpenAI indicated some initiatives are easier to pursue while they remain private.
This is the first official confirmation of OpenAI's intention to pursue a public stock listing.
OpenAI has revealed plans to sell shares to the public through a stock listing in the US.
The artificial intelligence (AI) company behind the popular chatbot ChatGPT said on Monday that it had made a confidential filing with the US Securities and Exchange Commission to pursue an initial public offering (IPO) at some point in the future.
"We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company," the company said in a statement.