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OpenAI plans to go public, intensifying investment race with Anthropic
Key takeaways
- "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.
- OpenAI's decision had been expected for months, but the company's filing comes exactly one week after rival AI firm Anthropic said it was planning to go public, too.
- But OpenAI and Anthropic, the maker of the chatbot Claude, are more focused on AI work and they have been fierce rivals essentially since Dario Amodei co-founded the latter company five years ago.
Kali Hays Technology reporter , San Francisco Getty Images Open AI 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 Chat GPT 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.
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