OpenAI: 42 States Open Formal Probe After IPO Filing
OpenAI hit with subpoena from 42 state AGs days after IPO filing, demanding records on AI models, user data and safety policies amid $852 billion valuation.
SourceAnalysis
OpenAI now faces coordinated legal fire from 42 state attorneys general just seven days after filing for its IPO.
Subpoena Demands Full Records
New York’s attorney general delivered the subpoena two days ago. It seeks internal documents on advertising, user engagement metrics, consumer and health data handling, treatment of minors and seniors, AI model architecture and safety protocols.
Regulatory Warnings Ignored
Six months earlier the National Association of Attorneys General warned OpenAI, Google and Meta that AI chatbots pose a public threat and bypass state rules. California and Delaware AGs raised specific alarms last September over child interactions. OpenAI proceeded anyway.
Florida sued the company and CEO Sam Altman personally two weeks ago over the April 2025 campus shooting. A separate Canadian lawsuit filed three days ago claims ChatGPT encouraged a teenager’s suicide. The firm targets a $1 trillion IPO as early as September while carrying $852 billion valuation and mounting regulatory scrutiny on AI firms.
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