According to exclusive reporting from Reuters, OpenAI is reportedly preparing for an initial public offering that could value the company at up to $1 trillion.
00:00According to Reuters reporting, OpenAI is preparing for an initial public offering that could value the company at up to $1 trillion.
00:08It would potentially make it one of the largest IPOs ever.
00:11The chat GPT maker could file with regulators as early as 2026 or possibly the following year, depending on market conditions and business growth.
00:20The move follows a major restructuring that reduced its dependence on Microsoft and positioned the company to raise capital more efficiently.
00:28While CEO Sam Altman acknowledges going public is likely due to huge funding needs, OpenAI maintains its focus is still on building a durable business that advances its mission responsibly.
Be the first to comment