tech
OPEN AI GOES PUBLIC! The Estimated Company Valuation Will Give You a Headache
The company led by Sam Altman could reach a market value of up to one trillion dollars and raise at least 60 billion dollars in capital through its stock market debut.
TL;DR
- OpenAI is preparing confidential filings for an IPO in the US.
- The company could go public as early as September.
- Its current valuation is estimated at $852 billion.
- Goldman Sachs and Morgan Stanley are working with OpenAI on IPO preparations.
- OpenAI may reach a market value of up to $1 trillion and raise at least $60 billion in capital.
- ChatGPT has over 900 million weekly active users and over 50 million consumer subscribers.
- Meta is also undergoing restructuring, cutting approximately 8,000 jobs globally.
- Meta is heavily investing in artificial intelligence (AI) while reducing costs.