OpenAI Files Confidentially for Public Market Launch
ChatGPT creator OpenAI has submitted a confidential filing to the US SEC, initiating the process for its shares to be traded on public markets. The company aims to leverage its market position for financing.
The maker of ChatGPT, OpenAI, has kicked off the process of selling its shares on public markets by submitting a confidential filing with the US Securities and Exchange Commission on Monday. The AI startup is looking to capitalise on its dominant position on the AI chatbot market in order to boost its financing needs. Also in this edition: Chinese exports continued to grow in May in spite of the war in Iran. Plus a new report suggests another retirement age hike in France.