A day after Elon Musk lost his case This threatens OpenAI’s structure, leadership and finances, sources said, with the AI giant set to move forward with its initial public offering. wall street journal.
OpenAI chief executive Sam Altman reportedly hopes his company will be ready to go public by September. The ChatGPIT maker is working with tech IPO powerhouse bankers Goldman Sachs and Morgan Stanley, and could confidentially file IPO paperwork with regulators within a few days or weeks, according to the WSJ.
The news of OpenAI’s potential IPO, which should be a blockbuster by all means, comes as the world awaits the public disclosure of SpaceX’s IPO filing, which is expected to be revealed by Wednesday according to the report. Rocket-maker SpaceX, of course, is now one of OpenAI’s major competitors Elon Musk’s model maker, consumed xAI.
Now that Musk failed to defeat his co-founder OpenAI through a lawsuit, it looks like the next Musk vs Altman battle will be in the world of finance. Which will be the big IPO?
OpenAI did not immediately respond to a request for comment.
