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OpenAI will reserve portion of IPO shares for retail investors, CFO tells CNBC

IPOs & SPACsArtificial IntelligenceTechnology & InnovationCompany Fundamentals

OpenAI plans to reserve a portion of shares in its upcoming U.S. IPO for individual investors, CFO Sarah Friar told CNBC. The move signals an effort to include retail participation as the ChatGPT maker prepares for a highly anticipated stock market listing.

Analysis

OpenAI plans to reserve a portion of shares in its upcoming U.S. IPO for individual investors, CFO Sarah Friar told CNBC. The move signals an effort to include retail participation as the ChatGPT maker prepares for a highly anticipated stock market listing.

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