News Summary

• OpenAI is reportedly heading toward a public market debut as early as September.
• The listing could value the company at around $1 trillion.
• Right now though, it’s still learning how to be an ads business.
• Just 15 weeks into its ChatGPT ad pilot and the platform is already dealing with many of the tensions that have defined every major digital ad platform before it.
• OpenAI has so far been confident in its ability to make advertising a meaningful revenue stream within the next few years.