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Wall Street Banks Eye OpenAI as IPO Path Shifts

San Francisco, May 30, 2026, 10:05 PDT OpenAI has held talks with Citigroup and JPMorgan Chase regarding roles in its upcoming initial public offering, Bloomberg News reported Friday, citing sources familiar with the discussions. The move marks another step toward a public listing for the ChatGPT developer. (Bloomberg Law) OpenAI could be moving closer to an IPO, with Bloomberg reporting that the company may submit confidential paperwork to regulators in the coming weeks. Such a filing amounts to a private draft prospectus—kept out of public view until OpenAI decides to release its official documents to investors. (Bloomberg Law) Earlier this

The post Wall Street Banks Eye OpenAI as IPO Path Shifts appeared first on Next Wave Wire.

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