OpenAI rejected spinoff of robotics and hardware divisions before IPO

OpenAI considered spinning off its robotics and hardware divisions ahead of a potential IPO, but the proposal was rejected. The decision was partly due to concerns that the new entities would still need to be consolidated on OpenAI's balance sheet. The move would have separated these divisions from the core AI research and product development. The rejection indicates OpenAI's strategy to maintain integrated operations as it prepares for a public offering. The details were reported by QZ.com.