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Stock impact report

OpenAI preps for IPO by end of year, tells employees ChatGPT must be ‘productivity tool' [CNBC]

Maplebear Inc. (CART) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4715924
Company Research Source: CNBC
Fidji Simo, OpenAI's CEO of Applications, held an all-hands meeting with employees last week and said that the company is “orienting aggressively” towards high-productivity use cases. OpenAI could debut on the public markets as soon as the fourth quarter of this year, CNBC has confirmed. Fidji Simo, CEO of Instacart Inc., speaks during an interview in San Francisco, March 3, 2022. David Paul Morris | Bloomberg | Getty Images OpenAI is focusing employee and investor attention on its enterprise business as the artificial intelligence startup gears up to go public, potentially by the end of the year, CNBC has learned. Fidji Simo , OpenAI's CEO of Applications, held an all-hands meeting with staffers last week and said the company is committed to helping businesses, and is “orienting aggressively” towards high-productivity use cases. OpenAI kickstarted the generative AI boom with the launch of ChatGPT in 2022, and the chatbot now supports more than 900 million weekly active u Show less Read more
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