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OpenAI plans to complete the IPO in 2027 and has secretly submitted listing documents. According to CNBC, OpenAI Chief Financial Officer Sarah Friar revealed to employees at an all-staff meeting held on Wednesday local time that the company plans to complete the listing in 2027. If business development continues to improve, it may also enter the public market early.

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OpenAI plans to complete the IPO in 2027 and has secretly submitted listing documents. According to CNBC, OpenAI Chief Financial Officer Sarah Friar revealed to employees at an all-staff meeting held on Wednesday local time that the company plans to complete the listing in 2027. If business development continues to improve, it may enter the public market early. People familiar with the matter said Friar said at the meeting that the IPO was not the end of the company, but an important milestone in future financing and development. She mentioned that OpenAI completed US$122 billion in financing in March this year, which provided a large operating space for the company’s subsequent business expansion. It is understood that OpenAI secretly submitted IPO prospectus documents to the U.S. Securities and Exchange Commission (SEC) in June this year, but has not yet announced a specific listing timetable. At the same time, competitor Anthropic has also secretly submitted relevant documents to regulatory agencies and begun preliminary communication with potential investors to assess market reaction. Faced with the situation that Anthropic may be the first to go on the market, Friar said at the meeting that OpenAI will advance the listing plan at its own pace and will not be affected by competitors' timetables. She revealed that both companies have completed confidentiality declarations, and Anthropic may lift its confidentiality status in the next few weeks and land in the capital market as soon as September. As the generative AI industry enters the commercialization acceleration stage, leading AI companies are expanding their computing power investment and technology research and development capabilities through financing and listing. The competition between OpenAI and Anthropic around model capabilities, corporate services and capital market performance will also become an important observation point for the future development of the AI ​​industry. via AI News (author: AI Base)