New Delhi, May 21 -- OpenAI is preparing to file confidentially for an initial public offering (IPO) in the coming weeks, according to The New York Times news report. The decision, by the maker of ChatGPT, lays the groundwork for one of the largest artificial intelligence (AI) company offerings, which would heighten the stakes of the global technology race.

According to a report filed by New York Times, two people with knowledge of the matter said that OpenAI is working with Goldman Sachs and Morgan Stanley to prepare the paperwork. The individuals stated that OpenAI is closely watching the stock market, and the timing of any filing remains in flux. If the filing comes soon, the initial public offering could take place as soon as Septemb...