OpenAI IPO: ChatGPT Maker Plans To Go Public In Next Four Months, Says Report

OpenAI, the company behind ChatGPT, is preparing to move ahead with an initial public offering and could file confidential IPO paperwork with regulators within days or weeks, the Wall Street Journal reported, citing persons privy to the matter.

The artificial intelligence firm has reportedly been working with bankers on draft prospectus documents as it explores a public market debut that could take place within the next four months.

Investment banks including Goldman Sachs and Morgan Stanley are advising the company on the proposed listing, sources told the publication. Some of the people said a confidential filing could come as early as Friday.

The planned IPO would mark one of the most closely watched public listings in the AI sector, amid surging investor interest in generative artificial intelligence and rapid growth in OpenAI's valuation since the launch of ChatGPT.