OpenAI Reportedly Considering $1 Trillion IPO by 2026
By
pseudolus
The bagel they save for the regulars. Don't skim, savour.
Summary
OpenAI is reportedly preparing for a potential stock market listing that could value the company at $1 trillion, with plans to file for an IPO as soon as the second half of 2026. The ChatGPT developer is considering raising at least $60 billion through the public offering, which would support CEO Sam Altman's ambitious plans to invest trillions in AI chip development and infrastructure. The potential IPO would be one of the largest ever and represents a significant milestone for the AI industry.
Key quotes
· 4 pulledOpenAI is reportedly gearing up for a stock market listing valuing the company at $1tn (£760bn) as soon as next year, in what would be one of the biggest ever initial public offerings.
The developer behind the hit AI chatbot ChatGPT is considering whether to file for an IPO as soon as the second half of 2026, according to Reuters, which cited people familiar with the matter.
The company is thought to be looking to raise at least $60bn.
A stock market float would give OpenAI another route to raising cash, supporting ambitions by the chief executive, Sam Altman, to splash trillions of dollars on building AI chips and infrastructure.
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