OpenAI Is Making Plans to File to Go Public Very Soon

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 20 May 2026

⏱️ 12 minutes

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Summary

P.M. Edition for May 20. We’re exclusively reporting that ChatGPT maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks. Reporter Berber Jin joins to discuss the timing of the possible IPO and what that could mean for OpenAI’s business. Plus, stocks of chipmakers like Intel, Micron and AMD have hit a volatile stretch after weeks of massive gains. We hear from WSJ reporter Jared Mitovich about why they’re now looking to Nvidia’s earnings for the path forward. The chip company reported its latest record quarter. And the Trump administration has charged former Cuban president Raúl Castro with murder as the U.S. continues its pressure campaign against the island nation’s Communist government. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Boardrooms love buzzwords.
0:02.0	AI, climate, resilience.
0:03.8	But what do they actually mean for CFOs and execs trying to survive the next earnings call?
0:08.3	That's where the pre-read comes in.
0:09.9	Real experts and real talk.
0:11.7	Subscribe to the pre-read, presented by Workieva.
0:19.1	OpenAI plans to file for an IPO, maybe as soon as this week.
0:23.7	Plus, the Trump administration charges Cuba's former president, Raul Castro, with murder,
0:29.0	escalating its campaign against the country's communist regime.
0:32.1	For the first time in nearly 70 years, senior leadership of the Cuban regime has been charged in this country
0:40.6	in the United States of America for acts of violence resulting in the deaths of American citizens.
0:47.2	And it's about to get a lot harder to earn an A at Harvard. It's Wednesday, May 20th.
0:52.8	I'm Alex O'SAough for the Wall Street Journal.
0:55.4	This is the PM edition of What's News, the top headlines and business stories that move
1:00.3	the world today.
1:04.4	We're exclusively reporting that OpenAI, the company behind ChatGPT, is preparing to file for an
1:10.3	IPO very soon, possibly as soon as
1:12.9	this Friday. The journal has learned that the company's goal is to be ready to go public as
1:17.4	early as September. Berber Jin covers startups and venture capital and joins me now.
1:22.9	Berber, a September IPO. Was this the timing that OpenAI had been expecting?
1:28.3	Like, what helped determine this timing?
1:30.3	The timing came as a really big surprise to everyone
	...

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