OPENAI IS PREPARING TO FILE FOR AN IPO VERY SOON

Summary from the TLDR newsletter

OpenAI has been working with bankers to prepare to file for an IPO in the coming days or weeks. The company aims to be ready to go public as early as September. Its plans remain fluid and could still change. The company still has to overcome concerns about whether it can generate enough revenue to support its spending commitments, among a host of other challenges. It recently missed multiple internal revenue and user targets.