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OpenAI Files for Public Stock Offering

NBC News1 min brief

In brief

  • OpenAI has filed to offer its stock on public markets.
  • The company made this announcement just a week after its rival Anthropic did the same.
  • The move is important because OpenAI's valuation is $852 billion.
  • The company has hundreds of millions of downloads for its ChatGPT app.
  • OpenAI will use the public offering to gain more funds for its AI models and data centers.
  • The company will soon go public.

Read full story at NBC News

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