SAN FRANCISCO (KRON) -- San Francisco artificial intelligence startup OpenAI is reportedly laying the groundwork for a $1 trillion initial public offering. That's according to a report in Reuters, citing three people familiar with the matter.
If the reports are true, the ChatGPT parent company could be setting the stage for one of the biggest IPOs of all time. The company is reportedly considering filing with security regulators in the second half of 2026.
Preliminary discussions have reportedly seen the company look to raise $60 billion, even at the low end. Reuters sources, however, have cautioned that talks are in the early stages and that projected figures and timing could change.
OpenAI's CFO, Sarah Friar, reportedly told people the company is targeting 2027 for listing its stock.

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