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OpenAI Announces Major Overhaul of ChatGPT Ahead of IPO

Financial Times Tech· Monday, June 8, 2026

OpenAI plans a significant redesign of its popular ChatGPT chatbot, aiming to transform it into a pathway for higher-margin products in anticipation of a potential initial public offering (IPO). The company, valued at $850 billion, seeks to innovate its offerings and enhance profitability through this strategic change.

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