On June 9, OpenAI issued a statement on Monday local time: "We have recently submitted our S-1 filing in secret. We expect it to leak, so we are announcing it directly. The specific timing of the IPO has not been determined; it may take some time, as some things are easier to do as a private company. However, this involves a series of complex trade-offs, and this document allows us to choose a faster path to going public when the time is right." OpenAI's statement indicates that the company is seeking to capitalize on the AI boom, with its competitor Anthropic also advancing its IPO process.
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