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The Guardian - UK

Technology

Alex Daniel

OpenAI thought to be preparing for $1tn stock market float

OpenAI Stock Market Sam Altman IPO Microsoft

A float would support Sam Altman’s ambitions to splash trillions of dollars on building datacentres. Photograph: Jason Redmond/AFP/Getty Images

OpenAI is reportedly gearing up for a stock market listing valuing the company at $1tn (£760bn) as soon as next year, in what would be one of the biggest ever initial public offerings.

The developer behind the hit AI chatbot ChatGPT is considering whether to file for an IPO as soon as the second half of 2026, according to Reuters, which cited people familiar with the matter. The company is thought to be looking to raise at least $60bn.

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