OpenAI is reportedly in discussions to pursue an initial public offering (IPO) with a potential valuation of up to $1 trillion, according to Reuters. Sources familiar with the matter indicate the company could file regulatory documents as early as the second half of 2026.
The IPO is expected to raise significant capital to support the development of OpenAI’s artificial intelligence infrastructure. While early reports suggested a fundraising target of at least $60 billion, final figures and the exact timing of the offering remain undetermined, contingent on market conditions and business performance.
OpenAI CFO Sarah Fryer reportedly told select partners that the company is currently targeting 2027 for a public listing. However, some advisors believe a late-2026 IPO could be feasible.
“An IPO is not our primary focus at the moment. Our priority is building a sustainable business while advancing our mission,” OpenAI stated.
Sources also noted that going public would allow OpenAI to more efficiently raise capital and execute large transactions using its shares. Funds raised through the IPO are expected to support CEO Sam Altman’s vision of investing trillions into AI infrastructure development.
Previously, OpenAI completed a corporate restructuring, separating into a for-profit corporation and a non-profit foundation.
