OpenAI, a leading US AI firm, is reportedly gearing up for an IPO that could value the company at an unprecedented $1 trillion, surpassing the largest IPOs of Saudi Aramco and Alibaba. Plans to file with the US Securities and Exchange Commission (SEC) could unfold in late 2026, targeting an initial capital round exceeding $60 billion. Although CFO Sarah Friar suggests a 2027 listing is likely, some advisors hint at a potential earlier date. OpenAI emphasizes its focus on building a sustainable business centered on artificial general intelligence (AGI). Recently, the company restructured its corporate framework, creating the OpenAI Foundation and establishing the OpenAI Group PBC, a public benefit corporation. This strategic realignment follows extensive consultations with California and Delaware regulators. Given the rapid growth of the global AI market, an IPO could enhance OpenAI’s capital access and acquisition capabilities, projecting annual revenues around $20 billion by year’s end.
Source link
