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OpenAI faces internal issues before IPO
OpenAI, the developer of ChatGPT, is facing significant internal upheaval ahead of its potential initial public offering (IPO). The company has experienced a series of leadership changes and departures, including resignations and organizational restructuring. These turbulence come as the company aims to streamline operations and focus its efforts on ChatGPT, while also competing with Anthropic in the AI market. The IPO is now expected to take place next year, after being tentatively planned for this year. The crisis is attributed to concerns over managerial stability and the company’s readiness to go public, especially as Anthropic's revenue has grown from $24 billion to approximately $40 billion in just one year.
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