Altman Tells Staff IPO Filing Does Not Mean OpenAI Is Ready to List
Sam Altman told OpenAI employees in a Wednesday all-hands that filing for an initial public offering is different from being ready to go public and that the company will not list until it is ready, according to The Information. The comments came after reports that the ChatGPT maker was preparing a confidential IPO filing.
The Wall Street Journal reported that OpenAI had been working with Goldman Sachs and Morgan Stanley on draft paperwork for a confidential filing in the coming days or weeks, possibly as early as Friday, with a goal of being ready to go public as early as September. The Financial Times separately reported that the offering could value the company at more than $1 trillion. Altman also told staff OpenAI had recently brought on more than 2 gigawatts of compute and said Anthropic is capacity-limited, The Information reported.
From the sources (25 posts)
@zerohedge*OpenAI Preparing to File for IPO Very Soon, Sources Say -- WSJ
@deitaone$MSFT - OPENAI PREPARING TO FILE FOR IPO VERY SOON, SOURCES SAY
@aggrnewsOPENAI IS PREPARING TO FILE FOR AN IPO IN COMING DAYS OR WEEKS: WSJ
@deitaone$MSFT - OPENAI PREPARES FOR POSSIBLE IPO FILING OpenAI is reportedly working with banks including Goldman Sachs and Morgan Stanley on confidential IPO paperwork that could be filed within days. The AI company led by Sam Altman is targeti
@financialjuiceOpenAI prepares to file for an IPO in the coming days or weeks - WSJ.
@firstsquawkOPENAI PLANS TO FILE FOR AN INITIAL PUBLIC OFFERING IN THE NEAR FUTURE, ACCORDING TO WSJ.
@firstsquawkOPENAI MAY DEBUT ON STOCK MARKET AS SOON AS SEPTEMBER, SAYS WSJ.
@firstsquawkOPENAI INTENDS TO FILE CONFIDENTIAL DOCUMENTS BY FRIDAY, ACCORDING TO WSJ.
@deitaoneOPENAI PLANS TO FILE CONFIDENTIALLY WITH REGULATORS SOON, POSSIBLY AS EARLY AS FRIDAY-WSJ
@firstadopterWOW. WSJ: "OpenAI is preparing to file for an IPO, possibly as early as Friday"
@wsjExclusive: OpenAI is preparing to file for an IPO, possibly as early as Friday
@financialjuiceOpenAI is Preparing to File For an IPO Very Soon - WSJ ChatGPT-maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks, according to people familiar with the matter. Banker
@deitaoneGOAL IS FOR OPENAI TO BE READY TO GO PUBLIC AS EARLY AS SEPTEMBER - WSJ
@brewmarketsJust In: OpenAI is preparing to file for an IPO in the coming days, per WSJ.
@exec_sumBREAKING: OpenAI is preparing to file for an IPO, possibly as early as Friday.
@kobeissiletterBREAKING: OpenAI has been working with bankers to file for an IPO as soon as in the coming days or weeks, per WSJ. Details include: 1. OpenAI has been working with both Goldman Sachs and Morgan Stanley on the IPO 2. The goal is for the c
@gurgavinOPENAI PLANS TO FILE FOR AN INITIAL PUBLIC OFFERING AS SOON AS FRIDAY PER WSJ
@polymarketNEW: OpenAI is reportedly preparing to file for IPO in the coming days.
@wallstengineOPENAI PREPARES TO FILE FOR IPO AS SOON AS FRIDAY WSJ reports OpenAI is working with Goldman Sachs and Morgan Stanley on a draft IPO prospectus. The company could file confidentially with regulators in the coming days or weeks, possibly a
@polymarketmoneyJUST IN: OpenAI is reportedly preparing to file for an IPO as early as Friday.
@andrewcurran_The WSJ is reporting that OpenAI is preparing to IPO imminently. Within weeks. Possibly as soon as this Friday.
@techmemeSources: OpenAI is preparing to file confidentially for an IPO as early as Friday (Wall Street Journal) (Visit Techmeme dot com for the link and full context!)
@stockmktnewzJUST IN: OpenAI is reportedly preparing to file to go public through a IPO as early as this week
@pitdesiOpenAI filing for IPO very soon, maybe on Friday this week Could go public as early as September. Winning the fight against Elon had been holding them back.
@unusual_whalesBREAKING: OpenAI is reportedly preparing to file to go public through a IPO as early as this week, per CNBC