OpenAI laying groundwork for $1tn IPO - report

OpenAI is reportedly laying the groundwork for an initial public offering that could value the company at up to $1 trillion, in what could be one of the biggest IPOs of all time.

OpenAI

Source: Sharecast

According to Reuters, citing people familiar with the matter, ChatGPT owner OpenAI is considering filing with securities regulators as soon as the second half of 2026.

It was understood that in preliminary discussions, the company has looked at raising $60bn at the low end and likely more.

Sources told Reuters that talks are early and plans - including the figures and timing - could change depending on business growth and market conditions.

Chief financial officer Sarah Friar has told some associates the company is aiming for a 2027 listing, the sources said, but some advisers predict it could come even sooner, around late 2026.

An OpenAI spokesperson told Reuters: "An IPO is not our focus, so we could not possibly have set a date.

"We are building a durable business and advancing our mission so everyone benefits from AGI."

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