SAN FRANCISCO (KRONA) – San Francisco artificial intelligence startup OpenAI is reportedly laying the groundwork for a trillion-dollar initial public offering. This is according to a report in ReutersCiting three people familiar with the matter.
If reports are true, ChatGPT’s parent company could pave the way for one of the largest IPOs ever. The company is reportedly considering submitting an application to security regulators in the second half of 2026.
Initial discussions reportedly saw the company looking to raise $60 billion, even at the low end. But Reuters sources warned that the talks are still in their early stages and that the expected numbers and timing may change.
OpenAI CFO Sarah Friar has reportedly told people that the company is targeting 2027 to list its shares. But advisors expect it to happen early.
“An IPO is not our focus, so it was not possible to set a date,” an OpenAI spokesperson told Reuters. “We are building a sustainable business and advancing our mission so that everyone benefits from AGI.”
AGI stands for Artificial General Intelligence, a hypothetical level of artificial intelligence where AI has the ability to understand, learn, and apply knowledge across a wide range of tasks at a level similar to or superior to human intelligence.
Several of OpenAI’s recent moves support the idea that the company may be preparing an IPO. Recently, OpenAI closed a major restructuring deal with Microsoft and received California Attorney General Rob Bonta’s blessing to move from a nonprofit to a for-profit entity.
Headquartered in San Francisco, OpenAI was founded by Sam Altman in 2015 and is among the leading names in AI. Its flagship product, ChatGPT, was launched in 2022 and is among the most widely used LLM software currently on the market.