OpenAI files confidentially for IPO, following Anthropic

# OpenAI and Anthropic Race to Go Public OpenAI has secretly filed paperwork to become a publicly traded company, joining its rival Anthropic in preparing to sell shares to everyday investors. This move signals that both companies believe they're ready to operate like traditional big businesses and need money to fund their expensive AI research. The two firms are essentially competing to be first to offer the public a chance to invest in the future of AI technology.