OpenAI may file for IPO on Ma. 22 and go public in September - Media

ChatGPT chatbot developer OpenAI is preparing to confidentially file a preliminary IPO prospectus and could do so as early as Friday, several media outlets including the Financial Times and CNBC reported, citing sources. The AI lab is planning a listing with a $1 trillion valuation with participation from banks Morgan Stanley and Goldman Sachs, as well as lawyers from Cooley, the FT writes.

The publication's interlocutors emphasize that the timing may change depending on the market situation and on how Elon Musk's SpaceX placement will go. It is expected to go public in early June.

The news is supplemented.

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