OpenAI nears trillion-dollar valuation
OpenAI, the developer of the ChatGPT chatbot, has filed for a confidential initial public offering (IPO) in the U.S. market, according to Reuters. The move aims to position itself as one of the largest listings in financial market history, with a potential market valuation reaching up to one trillion dollars. This step comes amid growing investor interest in artificial intelligence companies, especially after the company raised $110 billion in funding and its active ChatGPT users surpassed 900 million, with monthly revenues estimated at $2 billion. Despite rapid growth, OpenAI expects to turn a profit before 2030 and faces increasing competition from companies like Anthropic and SpaceX.
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