OpenAI is rumored to be conducting an IPO at a valuation of one trillion dollars, making it the largest IPO in history.

According to a report by Reuters, ChatGPT developer OpenAI is said to be paving the way for an IPO with a target valuation of up to $1 trillion, aiming to file as early as the second half of 2026. This is expected to become one of the largest technology listings in history, symbolizing OpenAI's formal transition from a nonprofit research organization to an AI corporate giant, initiating a new round of capital deployment.

OpenAI launches IPO preparation plan, with a valuation expected to reach one trillion dollars.

Three informed sources revealed that OpenAI has begun planning for an IPO, with a valuation range between 600 billion and 1 trillion dollars, and the fundraising scale is expected to start at 60 billion dollars, potentially even higher.

It is reported that OpenAI plans to file with regulators as early as the second half of 2026, and CFO Sarah Friar has indicated to internal colleagues that the company's goal is to go public in 2027. However, some advisors predict that, given the company's strong performance and market conditions, the listing may be brought forward to the end of 2026.

An OpenAI spokesperson stated: “The IPO is not our focus, so we will not set a specific date.”

We are building a sustainable business and advancing our mission to enable everyone to benefit from General Artificial Intelligence (AGI).

Altman's Capital Strategy: Going Public as AI Infrastructure Chips

This Tuesday, OpenAI CEO Sam Altman just revealed in a live stream: “Considering the huge funding needs in the future, an IPO may be our most reasonable and feasible path.”

Insiders pointed out that the preparation for the IPO plan came after the company completed its restructuring, aiming to accelerate its departure from reliance on Microsoft, and hoping to raise long-term capital for its “trillion-level AI infrastructure blueprint” through public market financing and stock acquisitions.

Currently, OpenAI's annual revenue is expected to reach 20 billion USD by the end of the year, but losses are also continuing to widen.

After the capital restructuring: the new structure is in place, and the foundation still holds control.

OpenAI has undergone multiple structural changes since its establishment in 2015. After a capital restructuring a few days ago, the company is ultimately still controlled by the OpenAI Foundation, which holds 26% of the shares and can acquire more equity after reaching specific goals or milestones.

This allows non-profit organizations to maintain their leadership in the company's mission and decision-making, while also sharing the economic benefits brought by corporate growth.

(OpenAI has completed a capital restructuring and established PBC! Latest valuation is 500 billion dollars, Microsoft owns 27% equity)

Luxurious investment lineup: Microsoft, SoftBank, and MGX step in to assist.

OpenAI's main investors include Microsoft (Microsoft), SoftBank (SoftBank), Thrive Capital, and Abu Dhabi MGX Fund. Previously, Microsoft has invested a total of over $13 billion since 2019, currently holding about 27%.

If OpenAI successfully goes public, it will bring substantial returns to these investors and further consolidate Microsoft's strategic position in the global AI ecosystem.

( OpenAI's $40 billion funding deal finalized! Valuation skyrockets to $300 billion, with SoftBank and Microsoft leading the investment ).

Focus 2027: Can the OpenAI IPO create another peak for the AI boom?

The AI capital market has continued to heat up in recent years. After the AI cloud company CoreWeave went public earlier this year with a valuation of $23 billion, its stock price has tripled. At the same time, Nvidia's market capitalization officially broke through $5 trillion this week, firmly establishing it as the leader in the AI boom.

In this wave of excitement, if OpenAI debuts with a valuation of 1 trillion dollars, it will undoubtedly create another peak event in the AI field.

This article states that OpenAI will conduct an IPO with a valuation of one trillion dollars, making it the largest listing plan in history, first reported by Chain News ABMedia.