OpenAI announced Monday afternoon that it has filed for an initial public offering of stock, just a week after its chief rival, Anthropic did the same.“We recently submitted a confidential S-1,” the ChatGPT maker said in a post on X,

ChatGPT-maker OpenAI confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market.

The ChatGPT maker confidentially filed for an offering, but said ‘it may be a while’ before it goes public

The filing comes a little more than a week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI firms.

OpenAI on Monday checked off a preliminary step in the IPO race that it and rival Anthropic have been competing in for the better part of a year: The company announced it has confidentially submitted a Form S-1 with the US Securities and Exchange Commission,

OpenAI, which kick-started the artificial-intelligence boom with the 2022 release of ChatGPT, is officially preparing to stage an initial public offering that will test the appetite of investors for frontier AI labs.

The ChatGPT maker’s move follows rival Anthropic’s filing and comes days before SpaceX’s expected $1 trillion-plus debut on the stock market.

OpenAI has confidentially filed paperwork to go public, the company announced Monday. It is one of three leading AI companies preparing for an initial public offering (IPO), alongside SpaceX and