OpenAI, the creator of ChatGPT, is preparing for an initial public offering (IPO) targeting a $1 trillion valuation by late 2026 or early 2027. This move aims to raise at least $60 billion to support its mission of developing artificial general intelligence (AGI). While discussions are still in early stages, OpenAI’s spokesperson stressed that the IPO is not the company’s primary focus; the goal remains to create a business that benefits from AGI advancements. CEO Sam Altman highlighted the need for extensive investment, with plans to allocate $1.4 trillion towards AI infrastructure. In October, OpenAI successfully restructured its partnership with Microsoft, which now holds a 27% stake in OpenAI PBC. This restructuring positions OpenAI for a record IPO, making it a pivotal moment in the tech industry. Analysts recommend top AI stocks like Microsoft and Amazon for investors seeking growth opportunities.
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