OpenAI confidentially files for US IPO as AI boom drives investor frenzy
Summary
OpenAI, the company behind ChatGPT, has secretly filed to offer its shares to the public in the U.S. This move follows growing investor interest in artificial intelligence and comes after similar steps by other AI companies like Anthropic.Key Facts
- OpenAI filed confidentially for an initial public offering (IPO) in the U.S., but has not shared details about timing or size.
- The company aims for a valuation of up to $1 trillion when it goes public, potentially making it one of the highest-valued tech IPOs.
- Anthropic, a competitor, also recently filed for an IPO after raising $65 billion in funding.
- OpenAI had over 900 million weekly active users for ChatGPT and more than 50 million paying customers earlier this year.
- Microsoft has invested about $13 billion in OpenAI since 2019 and is a major partner, although OpenAI has also partnered with Amazon and Google.
- OpenAI reported making $2 billion in monthly revenue in early 2026, growing faster than big tech companies like Alphabet and Meta.
- The company expects not to be profitable until 2030 despite rapid revenue growth.
- These IPOs mark a significant moment in the tech industry and show strong investor appetite for AI companies.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.