OpenAI preparing to file for IPO in coming days or weeks, WSJ reports


FILE PHOTO: OpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

May 20 (Reuters) - ⁠OpenAI is preparing to ⁠file for an initial public ‌offering in the coming days or weeks, the Wall Street Journal ​reported on Wednesday, ⁠citing people familiar ⁠with the matter.

The ChatGPT maker ⁠is working ‌with bankers at firms, including Goldman ⁠Sachs and Morgan Stanley, on ​a ‌draft IPO prospectus that it ⁠plans to ​file confidentially with regulators soon, possibly as early ⁠as Friday, the report ​said.

OpenAI did not immediately respond to a Reuters request for comment. ⁠Reuters could not independently verify the report.

The AI company was considering filing with ​securities regulators as ⁠soon as the second half ​of 2026, Reuters ‌has reported.

(Reporting by ​Utkarsh Shetti in Bengaluru; Editing by Shilpi Majumdar)

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