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OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO

In a document that resembles an IPO prospectus, OpenAI highlighted the risk of its dependence on Microsoft and of supply disruptions at TSMC.

1 report1 sourceMar 23, 2026, 11:36 PM
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CNBCMar 23, 2026, 11:36 PM

OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO

In a document that resembles an IPO prospectus, OpenAI highlighted the risk of its dependence on Microsoft and of supply disruptions at TSMC.

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