OpenAI reportedly prepares new AI model and expects to go public within the next year, according to The Information

  • OpenAI CEO Sam Altman told staff in a Slack message on Monday that he expects OpenAI to go public “within the next year” and that “many things could cause it to be sooner or later in that range, but filing now gives us optionality if we want to go sooner.”
  • Another OpenAI leader also teased an upcoming new AI model that the company is preparing to release.
  • The magnitude of capital OpenAI needs for its compute and infrastructure buildout could cause it to accelerate IPO plans
#MICROSOFT CORP#MSFT.US#SOFTWARE#IMPORTANT#EQUITIES#EU SESSION#US SESSION#SYSTEMS SOFTWARE#S&P 500 INDEX#NASDAQ 100 INDEX#ARTIFICIAL INTELLIGENCE#OPEN AI#US EQUITIES
Published: Updated: