OpenAI Is Preparing to File for an IPO in the Coming Weeks (2)

OpenAI is preparing to file for an initial public offering in the coming weeks and is targeting a public debut sometime in the fall, according to a person familiar with the plan.

The ChatGPT creator is working with Goldman Sachs and Morgan Stanley to make a confidential IPO filing as soon as Friday, but the exact timing remains uncertain, the person said, asking not to be identified because the information isn’t public.

OpenAI said in a statement: “We regularly evaluate a range of strategic options. Our focus remains on execution.”

OpenAI has been laying the groundwork to go public as ...