Home / Technology / OpenAI says it filed confidential IPO as it positions itself for AI arms race

OpenAI says it filed confidential IPO as it positions itself for AI arms race

Going public will allow OpenAI, valued at $852 billion, to inject more cash into its business as the AI race quickens.

OpenAI has filed a confidential initial public offering, the ChatGPT maker said Monday, bringing it one step closer to its official market debut.
“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” OpenAI sai… [2125 chars]

Source: CBS News | Published: 2026-06-08T21:42:00Z

Credit: CBS News

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