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BREAKING: OpenAI is now "leaning toward" pushing its IPO until 2027, per NYT.
Details include:
1. "Choppy" markets in recent weeks have led OpenAI to reconsider the timeline of the IPO
2. The company is worried it may not find much enthusiasm from retail investors
3. Advisors are recommending OpenAI either wait until 2027 to IPO at $1 trillion or lower the valuation for a quicker IPO
Recent volatility in tech stocks has raised concerns around OpenAI's IPO.
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