OpenAI, the company that created the world-renowned ChatGPT, has filed confidentially for an initial public offering (IPO) to sell shares to the general public, so it will soon become one of the most anticipated major events in the tech world alongside competitor Elon Musk's SpaceX and Anthropic company, which are preparing to enter the stock market. The share sales of these 3 major companies could reach hundreds of billions of dollars, and it is also an important opportunity for ordinary investors to own shares of famous AI companies.
OpenAI is keeping confidential how much and when it will sell shares, and since there are some plans that are easier to manage as a private company, it may take some time. However, depending on the circumstances, it is preparing in advance to be able to enter the market quickly at the best time. Once it becomes a publicly-owned company, Wall Street will be able to assess the true financial situation of OpenAI, which is spending many billions of dollars on AI technology.
After receiving an additional $122 billion in March, OpenAI's company valuation reached $852 billion, but it faces pressure to demonstrate actual revenue that matches that valuation. For this reason, the company has introduced a new $8 per month plan for ChatGPT and advertising systems, created a web browser, and is preparing to manufacture its own electronic devices, proving that it is not just ChatGPT that they have. Recently, the company's valuation increased to $965 billion in May, and along with competitor Anthropic, which has surpassed OpenAI, it is in fierce competition to capture the market.
Ref: cnn
