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OpenAI is preparing for an IPO, with completion expected as early as end of year.
Mars Finance reports that, according to CNBC, OpenAI is preparing for an IPO, which could be completed by the end of this year. An insider revealed that OpenAI’s IPO might be finalized as early as the fourth quarter of this year. The person stated that the specific timing could still change and requested anonymity due to confidentiality. To support the IPO preparations, the company has hired former DocuSign CFO Cynthia Gaylor to handle investor relations and is expanding its finance team.