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The Nexus
BUSINESSJun 8 · 22:23 UTCAP NEWS

OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

OpenAI has filed confidential SEC paperwork for an IPO, positioning itself as the third major AI company after Anthropic and SpaceX to pursue a Wall Street debut. The company, now valued at $852 billion, reorganized into a public benefit corporation last year while remaining under nonprofit control.

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