---
title: "42 state AGs probe OpenAI days after IPO filing"
url: https://daily.dev/posts/42-state-ags-probe-openai-days-after-ipo-filing-1uocuunqe
source_url: https://thenextweb.com/news/openai-state-attorneys-general-investigation-ipo
type: article
source: "The Next Web"
published: 2026-06-13T08:34:45.163Z
updated: 2026-06-13T08:35:07.606Z
tags: ["openai", "chatgpt", "ipo", "ai-regulation"]
reading_time: 4
upvotes: 0
comments: 0
language: en
---

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# 42 state AGs probe OpenAI days after IPO filing

**[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments

## Summary

A coalition of 42 US state attorneys general has launched a sweeping investigation into OpenAI, with New York serving a subpoena covering advertising practices, user data, treatment of minors and seniors, and internal safety policies. The probe arrives just days after OpenAI filed confidentially for an IPO at an $852 billion valuation, creating material legal risk that must be disclosed in its S-1. The investigation is part of a broader legal siege: Florida has already sued OpenAI civilly and is running a separate criminal probe, while dozens of individual lawsuits allege ChatGPT contributed to self-harm and suicide among minors. Courts have begun rejecting Section 230 defenses for chatbots, and the legal trajectory mirrors the social media liability wave that resulted in $381 million in verdicts against Meta and Google.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://thenextweb.com/news/openai-state-attorneys-general-investigation-ipo>

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---

Tags: [#openai](https://daily.dev/tags/openai), [#chatgpt](https://daily.dev/tags/chatgpt), [#ipo](https://daily.dev/tags/ipo), [#ai-regulation](https://daily.dev/tags/ai-regulation)

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