OpenAI, Go Public
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Musk, OpenAI
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The chatbot’s result for the 80-year-old “unit distance” conjecture is the first AI proof that would likely be published in math’s top journal if humans had done it alone
OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public markets debuts in history, CNBC confirmed on Wednesday.
Silicon Valley’s hottest startups are competing fiercely as big tech firms contend with fickle investors and hard choices.
The ChatGPT maker is working with bankers at firms, including Goldman Sachs and Morgan Stanley, on a draft IPO prospectus that it plans to file confidentially possibly as early as Friday.
Altman said OpenAI will make sure it leaves enough capacity available for its products like ChatGPT and its coding assistant Codex.
The plan by the ChatGPT maker, which was last valued at $852 billion, comes two days after it fended off an existential court challenge from Elon Musk.
OpenAI will launch its first overseas Applied AI Lab in Singapore through a S$300M deal focused on applied AI, talent, and SME access.