OpenAI files for IPO, competing with Anthropic and Perplexity

OpenAI, the company behind ChatGPT, has filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering (IPO). This move comes about a week after rival AI company Anthropic also filed for its own stock market debut, setting up a new race between the two firms to go public.

Meanwhile, another AI startup, Perplexity, has announced plans to hold its own IPO in 2028, regardless of what happens with OpenAI or Anthropic. The filings signal that major players in the artificial intelligence industry are increasingly looking to raise capital from public markets.