OpenAI Joins AI Rivals in Race for Public Market Cash

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OpenAI has joined AI rivals with plans for a public listing later this year after the ChatGPT maker confidentially filed its S-1. This comes as the AI IPO pipeline has now reached some $3.6 trillion. However, according to PitchBook research, OpenAI may end up being the most expensive bet. Harrison Rolfes, senior analyst for PitchBook’s private company coverage, joins Caroline Hyde on "Bloomberg Tech."

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