OpenAI CEO Sam Altman says no plan for IPO due to 'strange' company structure

OpenAI CEO Sam Altman says no plan for IPO due to 'strange' company structure

Sam Altman, CEO of Microsoft-backed OpenAI and ChatGPT creator speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen

Microsoft-backed OpenAI, the company behind ChatGPT, has no plans to go public any time soon, Chief Executive Sam Altman said at a conference in Abu Dhabi.

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