OpenAI has filed for a blockbuster initial public offering that could value the ChatGPT creator at more than $1tn as it races rival Anthropic to list on Wall Street.
The group said on Monday that it had confidentially submitted a draft IPO prospectus to the US Securities and Exchange Commission, formally kicking off the process for one of the year’s most hotly anticipated debuts.
OpenAI’s listing announcement comes days before SpaceX is set to IPO in a deal that could raise a record $86bn and value Elon Musk’s rockets-to-AI conglomerate at $1.78tn. Claude maker Anthropic, which was recently valued at $900bn, filed its IPO paperwork last week.
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