OpenAI Group PBC is reportedly preparing for a groundbreaking initial public offering (IPO) potentially valued at $1 trillion, as indicated by Reuters. The technology giant is considering filing with the U.S. Securities and Exchange Commission by late 2026 or early 2027, aiming to raise a minimum of $60 billion. This IPO could set a record, eclipsing Saudi Aramco’s $25.6 billion from 2019. OpenAI has recently restructured, transitioning from a nonprofit to a public benefit corporation, which allows it to pursue public offerings. Although OpenAI has downplayed IPO timelines, the move aligns with its strategy to secure additional capital for acquisitions, further positioning the company in the competitive AI landscape. Having raised $57.9 billion to date, OpenAI is poised to dominate tech funding. Stay updated with SiliconANGLE Media for insights into the future of technology and investments.
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