OpenAI to confidentially file for IPO as soon as Friday: Source
Summary
CNBC reports that OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, with Goldman Sachs and Morgan Stanley leading the effort. The article notes OpenAI's private valuation around $850 billion and situates the move amid increasing competition from rivals like Anthropic. It also highlights governance and execution as OpenAI's focus while IPO plans unfold.