OpenAI adds financial leaders Vélez and Vince to boards ahead of potential IPO.

OpenAI appointed David Vélez, CEO of Nubank, and Robin Vince, CEO of BNY, to its nonprofit and for-profit boards as it prepares for a possible IPO. The company, valued at over $850 billion, recently restructured into a nonprofit foundation controlling its for-profit arm. These new board members bring expertise in technology-driven financial services, supporting OpenAI's goal to expand AI benefits globally. OpenAI filed confidentially with the SEC in June but has not set a public IPO date yet.