tech
OpenAI hasn't held pre-IPO investor meetings or set timeline yet, sources say
OpenAI said it confidentially filed its prospectus with the SEC earlier this month, but noted it "may be a while" before it goes public.
TL;DR
- OpenAI has not yet held pre-IPO investor meetings or set an official timeline for its listing.
- The company confidentially filed its prospectus with the Securities and Exchange Commission earlier this month.
- Sources familiar with the plans indicate investor meetings will likely start once OpenAI has a better sense of timing.
- OpenAI has previously stated that it may be a while before it goes public.
- The New York Times reported that OpenAI is leaning toward a 2027 IPO.
- Competitor Anthropic has also confidentially filed its prospectus but has not disclosed a timeline.
- OpenAI CEO Sam Altman stated the company will IPO when it makes sense, emphasizing business focus over timing.