Key facts
- OpenAI is planning a major overhaul of ChatGPT.
- The overhaul aims to position ChatGPT as a platform for higher-margin products.
- This strategic shift is occurring before a potential initial public offering (IPO).
OpenAI, the AI research and deployment company valued at $850 billion, is reportedly planning its most substantial overhaul of its flagship ChatGPT chatbot since its initial launch. This strategic initiative aims to reposition ChatGPT not just as a conversational AI, but as a foundational platform for developing and delivering higher-margin products and services. The company's move is seen as a critical step in its preparation for a potential initial public offering (IPO), signaling a focus on commercialization and profitability.