OpenAI is preparing for a huge IPO in the artificial intelligence race

OpenAI, developer of the popular artificial intelligence chatbot ChatGPT, is preparing to secretly file for an initial public offering in the coming weeks. The move, which was reported in The New York Times, is expected to be one of the largest IPOs by an artificial intelligence company and significantly raise the bar in the global technology race.

At the same time, competition in the industry is heating up. At Google’s developer conference held this week, the technology giant revealed that its Gemini app currently has 900 million active users – a figure comparable to that of ChatGPT. Anthropic is also registering dizzying growth with the development tool Claude Code, which allows the creation of software without coding experience, and the new Mythus model.

Despite the impressive revenues, which amounted to over 13 billion dollars in the past year, The New York Times reports, following an earlier report by The Wall Street Journal, that OpenAI is expected to spend about 115 billion dollars in the next four years in order to establish its position – which leaves it still very far from the profit line.