OpenAI files for IPO, following Anthropic

OpenAI on Monday checked off a preliminary step in the IPO race that it and rival Anthropic have been competing in for the better part of a year: The company announced it has confidentially submitted a Form S-1 with the US Securities and Exchange...

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OpenAI files for IPO, following Anthropic

Source: The Verge

The confidential filing means that certain details normally available through the form - such as executive compensation figures, potential risks to a company's business, and more financials - aren't yet public.

As of Anthropic's most recent fundraise, it's being called the world's most valuable startup, with a post-money valu …

Read the full story at The Verge.

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