OpenAI Considers Going Public Following $6.6B Investment Round

• OpenAI has closed a historic investment round, raising $6.6 billion at a $157 billion valuation.
• The AI research lab is now considering going public via an IPO.
• The company has promised to convert into a for-profit entity, reflecting its transition from a research lab to a product-focused business.
• OpenAI has also secured a $4 billion revolving credit line.
• The company's new CFO, Sarah Friar, has previous experience leading listed companies.

Source: Axios