OpenAI plans to go public, intensifying investment race with Anthropic

OpenAI plans to go public, intensifying investment race with AnthropicJust nowShareSaveAdd as preferred on GoogleBBCOpenAI has revealed plans to sell shares to the public through a stock listing in the US.The artificial intelligence (AI) company behind the popular chatbot ChatGPT said on Monday that it had made a confidential filing with the US Securities and Exchange Commission to pursue an initial public offering (IPO) at some point in the future."We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company," the company said in a statement.OpenAI's decision had been expected for months, but the company's filing comes exactly one week after rival AI firm Anthropic said it was planning to go public, too.This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on X to get the latest alerts.United StatesArtificial intelligence