TLDR · MISCELLANEOUS

OPENAI LEANS TOWARD WAITING UNTIL NEXT YEAR FOR IPO

links.tldrnewsletter.com8 min read

Summary from the TLDR newsletter

A series of recent developments has caused OpenAI's executives to lean towards holding off the company's initial public offering until next year. SpaceX's IPO was the largest ever, but its stock value dropped quickly. Global markets have been choppy in recent weeks, with tech stocks dragging down indexes. These factors may mean that retail investors might not have much enthusiasm for OpenAI's shares.