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🤖 OpenAI is preparing to file for an IPO in the coming days, possibly as early as Friday
Per the Wall Street Journal, Goldman Sachs and Morgan Stanley are working with the company on the draft prospectus.
Key details:
- Target listing: as early as September
- OpenAI just won its long-running lawsuit against Elon Musk
- Musk's SpaceX is reportedly unveiling its own IPO paperwork TODAY
- Goldman Sachs $GS up 4.1%, Morgan Stanley $MS up 3.7% on the news
- Anthropic has reportedly been growing faster than OpenAI in recent months, per WSJ
- OpenAI is in the middle of a major strategy pivot
Is Sam Altman finally monetizing his $1T valuation and 10 years of "non-profit" rhetoric?
@aipost 🏴
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