OpenAI will allocate IPO shares to retail investors as it preps for debut, CFO says

OpenAI's CFO announced that the company plans to reserve shares for individual investors when it goes public through an initial public offering (IPO, the first time a private company sells shares to the public). The company saw strong demand from regular retail investors during its recent funding round and wants to ensure broad public participation in ownership, following models used by other companies like Tesla and Block.