OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...

AI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...

OpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...

Cerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...

From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...

The record comes amid growing competition between Anthropic and OpenAI for dominance in the rapidly expanding artificial intelligence marke...

If Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anth...

Tech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price i...

Valued at nearly $965 billion following recent funding activity, Anthropic has emerged as one of the world's most valuable private technolo...

OpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO ...

Elon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...

OpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter reve...

The company, its CEO Sam Altman and their lawyers at Wachtell Lipton Rosen & Katz and Morrison & Foerster on Monday scored a major victory ...

Sam Altman-led OpenAI is reportedly preparing to confidentially file draft papers for its IPO as early as Friday, according to CNBC, in wha...

SoftBank Group stocks have surged significantly. This rise follows reports that two SoftBank-backed companies, OpenAI and SB Energy, are pr...

The ChatGPT maker is working with bankers at firms, including Goldman Sachs and ⁠Morgan Stanley, on a draft IPO prospectus that ⁠it plans t...

OpenAI is reportedly preparing to file for an IPO in the coming days or weeks, according to a Wall Street Journal report citing sources. Th...