OpenAI files confidentially for IPO, preempts expected leak with proactive announcement

—OpenAI has filed a confidential IPO registration with securities regulators, disclosing the move publicly rather than waiting for it to leak. The company said there is no urgency to complete a public offering and that the filing is a preparatory step rather than an imminent listing. The move positions OpenAI to go public at a time when its valuation has soared into the hundreds of billions of dollars on the strength of rapid AI adoption.