en.Wedoany.com Reported - OpenAI has initiated the initial public offering (IPO) process, secretly submitting an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). The company stated via its official blog that it expects the news to leak, hence the proactive disclosure. The listing timeline has not yet been determined, and some matters may proceed more smoothly under private company status, potentially requiring some time.

Just one week after competitor Anthropic filed its listing application, major artificial intelligence companies are successively entering the capital market, with a full-scale competition for market dominance underway. According to foreign media outlet TechCrunch, despite failing to meet its own new user and revenue targets, OpenAI is still rushing to push forward its IPO, raising concerns externally about its ability to sustain massive data center expenditures and cash burn. TechCrunch noted that by choosing the confidential filing method, OpenAI can prepare for the public offering without publicly disclosing detailed financial information or business risks.

Industry insiders point out that behind OpenAI's rush to go public is a funding race, where companies that enter the stock market first can attract more capital. Some believe that among SpaceX, Anthropic, and OpenAI, SpaceX, which is expected to list the fastest, may have already secured considerable funding.

On the other hand, Anthropic, considered a competitor to OpenAI, secretly filed its IPO application on the 1st of this month. Recently, Anthropic attracted $65 billion in investment, with its corporate valuation approaching $1 trillion. Global research firm PitchBook previously stated that OpenAI's valuation is relatively high compared to its performance.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com