▲ OpenAI
OpenAI, the developer of ChatGPT, has joined the race for initial public offerings (IPOs) among artificial intelligence companies.
OpenAI submitted a confidential draft registration statement for an IPO to the U.S. Securities and Exchange Commission (SEC) on June 8 (local time), according to reports from foreign media outlets including Bloomberg and the Financial Times.
In a statement, OpenAI said, "We have not yet decided on the timing, and as there are still things that can be done more easily as a private company, it may take some time."
The company added, "However, given the complex trade-offs, we are keeping the option open if we determine that an early listing is the best course of action."
Sources familiar with the matter told Bloomberg that OpenAI is discussing a potential listing as early as this autumn with Goldman Sachs and Morgan Stanley.
One source also mentioned that OpenAI is preparing a plan to conduct a tender offer, allowing employees to sell their shares a few weeks before the listing.
Previously, Anthropic, the developer of the AI model Claude, also submitted a confidential IPO filing on June 1.
In its recently completed Series H funding round, Anthropic was valued at $965 billion (approximately 1,325 trillion won), surpassing OpenAI for the first time.
Elon Musk's SpaceX is also scheduled to go public on June 12 with a target valuation of $1.8 trillion.
SpaceX plans to raise $75 billion (approximately 103 trillion won) through the IPO.
This is less than the $122 billion (approximately 167 trillion won) that OpenAI raised in a single funding round last March.
In March, OpenAI raised $122 billion (approximately 167 trillion won) from investors, achieving a valuation of $852 billion (approximately 1,170 trillion won).
The company has previously announced plans to invest approximately $600 billion (approximately 824 trillion won) in AI infrastructure by 2030.
Since launching ChatGPT in late 2022, which sparked the generative AI boom, OpenAI has struggled to meet some of its internal revenue and user growth targets, and has faced a series of departures by key executives.
Furthermore, the company is falling behind Anthropic in the enterprise customer market, and faces intensifying competition from rivals such as Google's parent company, Alphabet.
(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.