OpenAI nears IPO despite ongoing losses

OpenAI lost $1 billion in less than 200 days.

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The company is betting on advertising to attract investors ahead of its IPO.

Its business model remains unprofitable despite ChatGPT's success.

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Aug 31OpenAI nears IPO despite ongoing lossesthis article

Auto-synthesis from 3 media sources · identified on August 31, 2026