OpenAI, the artificial intelligence powerhouse behind ChatGPT, is reportedly laying the groundwork for an initial public offering (IPO) that could value the company at up to $1 trillion. If realized, this would mark one of the largest IPOs in history, positioning OpenAI among the most valuable publicly traded companies globally.
According to sources familiar with the matter, OpenAI is considering filing with securities regulators as early as the second half of 2026. Preliminary discussions suggest the company is exploring a capital raise of at least $60 billion, with expectations that the final figure could be significantly higher depending on market conditions and business performance.
The IPO initiative is part of a broader strategic shift within OpenAI aimed at scaling its infrastructure and reducing its financial dependence on Microsoft, which has been a key partner and investor. The move follows a recent internal restructuring designed to streamline operations and prepare for the demands of public market scrutiny.
Chief Executive Officer Sam Altman has indicated that an IPO is the “most likely path” for OpenAI, given the substantial capital requirements associated with advancing its AI capabilities. Altman’s vision includes massive investments in computing power, data infrastructure, and global deployment of AI tools, which could require funding well beyond current private sources.
Chief Financial Officer Sarah Friar has reportedly communicated to associates that the company is targeting a potential listing in 2027, although the timeline remains flexible. Insiders caution that the plans are still in early stages and subject to change based on regulatory, financial, and technological developments.
OpenAI’s potential $1 trillion valuation reflects the growing investor confidence in generative AI and its transformative impact across industries. The company’s flagship product, ChatGPT, has seen widespread adoption in enterprise, education, and consumer markets, fueling speculation about its long-term revenue potential.
If successful, OpenAI’s IPO could rival or surpass historic listings such as Saudi Aramco and Apple, reshaping the landscape of tech investment and innovation.
