OpenAI files confidential IPO, eyes up to $1T valuation
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OpenAI has confidentially filed for a U.S. IPO, targeting a valuation of up to $1 trillion. The filing does not specify terms or timing, allowing CEO Sam Altman to maintain strategic flexibility while keeping the option open for an earlier market debut. This move follows similar actions by Anthropic and SpaceX, signaling strong momentum in the AI sector and potentially marking a record year for U.S. initial public offerings.
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