OpenAI announced Monday afternoon that it has filed for an initial public offering of stock, just a week after its chief rival, Anthropic did the same.“We recently submitted a confidential S-1,” the ChatGPT maker said in a post on X,

According to the report, a redesigned ChatGPT would encourage users beyond just chatting and towards using "coding tools, image generation and applications built by partners such as Canva and Booking.