OpenAI is in talks to include Citigroup and JPMorgan in its initial public offering (IPO) lineup as it prepares for a significant public debut. This move aligns with the broader trend where major Wall Street firms are seeking roles in high-profile technology and AI-related public offerings this year. Recently, OpenAI has been collaborating with select investment banks to draft a confidential IPO prospectus, signaling its readiness to enter the public market.

OpenAI: OpenAI is a prominent artificial intelligence company focused on developing and deploying advanced generative AI models and tools. In recent weeks, it has been actively preparing to confidentially file for an initial public offering with regulators, engaging investment banks to support the process.
JPMorgan: JPMorgan is a leading global bank with extensive investment banking operations, including underwriting and advisory for large-scale equity offerings. The firm is being evaluated for a role in OpenAI’s upcoming IPO preparations.
Citigroup: Citigroup is a major global financial institution offering investment banking, capital markets, and advisory services to corporate clients. It is under discussion for potential inclusion in OpenAI’s IPO banking group alongside other major players.

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{
“Banking Lineup”: “OpenAI is considering adding Citigroup and JPMorgan to its list of potential banks for its IPO.”,
“IPO Preparations”: “OpenAI has been in discussions regarding its IPO preparations with various banks.”
}
`