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OpenAI Reportedly Plans to Go Public Next Yr with Valuation Possibly at US$1T
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OpenAI is preparing to go public as early as next year, with a potential valuation whopping US$1 trillion, possibly making it one of the largest IPOs in history, Reuters, citing people familiar with the matter, reported. OpenAI is reportedly weighing submission of documents to regulatory authorities as early as the second half of 2026, with plans to raise at least US$60 billion. By the end of the year, the company's annualized revenue is expected to approximate US$20 billion, although losses are also elevating, sources divulged. An OpenAI spokesperson remarked that an IPO is not the company's focus, and no listing date has been set. Currently, OpenAI is developing into a sustainable enterprise, with hope of benefiting everyone with Artificial General Intelligence (AGI). AASTOCKS Financial News Website: www.aastocks.com |
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