OpenAI prepares IPO filing for possible September listing (opens in new tab)

OpenAI is preparing to confidentially file for a U.S. initial public offering in the coming days or weeks, with a filing possible as soon as Friday and a listing target as early as September, according to people familiar with the matter cited by the Financial Times, CNBC, Reuters and reports based on The Wall Street Journal. The ChatGPT maker is working with Goldman Sachs and Morgan Stanley on the draft prospectus; the Financial Times also reported that law firm Cooley is advising on preparat...