OpenAI CEO Sam Altman has indicated that the company's initial public offering (IPO) may be delayed due to prevailing market conditions. Although OpenAI aims to list as early as September, Altman emphasized that the timeline remains flexible and contingent on various factors.
Goldman Sachs and Morgan Stanley are reportedly involved in preparing the IPO prospectus. Meanwhile, prediction market Polymarket reflects a 7% chance of OpenAI going public by the end of August, a 42% chance by the end of September, and a 72% chance by the end of the year.
OpenAI CEO Sam Altman Suggests IPO Delay Amid Market Uncertainty
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