OpenAI files for IPO, joining Anthropic in a $2 trillion AI listing race

The ChatGPT maker, valued at $852 billion, says it may be a while before it goes public but wants the option to move sooner

David Paul Morris / Bloomberg via Getty Images

OpenAI submitted a confidential S-1 filing with the Securities and Exchange Commission on Monday, moving toward a potential public offering as rival startup Anthropic and Elon Musk's SpaceX prepare to do the same.

The company is valued at $852 billion following a funding round closed earlier this year. A tender offer is also in the works that would let employees cash out shares, CNBC reported, citing a person familiar with the plans. Goldman Sachs $GS and Morgan Stanley $MS are........

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