42 State AGs Open Multistate Investigation Into OpenAI Ahead of Anticipated September IPO

State Attorneys General (via BuildFastWithAI)·low signal

A coalition of state attorneys general (reported as 42 states) has opened a multistate investigation into OpenAI covering advertising practices, data handling, and model sycophancy — landing months before OpenAI's anticipated September 2026 IPO. The timing layers regulatory risk onto an already crowded pre-IPO narrative. Single secondary source so far; worth watching for primary AG filings to confirm scope.