OpenAI, the U.S.-based developer of ChatGPT, has privately filed for an initial public offering in the United States, Reuters reports, citing sources.
According to the agency, the company may be targeting a valuation of up to $1 trillion, and the offering could take place as early as September 2026. However, the specific terms of the IPO, the size of the offering, and the timing of the listing have not yet been officially disclosed.
A potential OpenAI IPO could become one of the largest offerings in the history of the tech sector and a significant test for the artificial intelligence market. Investor interest in AI companies remains high amid growing demand for generative AI, cloud infrastructure, data centers, and computing power.
OpenAI became one of the most prominent companies in the field of artificial intelligence following the launch of ChatGPT in 2022. The service quickly became a mass-market product and intensified competition among the largest tech companies for leadership in generative AI.
OpenAI’s IPO could provide the company with additional capital to develop infrastructure, train new models, and compete with other market players. At the same time, its public status will require the company to demonstrate greater financial transparency and regularly disclose performance metrics to investors.
OpenAI was founded in 2015 as a research organization in the field of artificial intelligence. The company is known for its ChatGPT products, developer APIs, the GPT family of models, image and video generation tools, and corporate AI solutions. Among OpenAI’s key investors and partners is Microsoft, which actively integrates the company’s technologies into its own products and the Azure cloud platform.
OpenAI’s main competitors in the artificial intelligence market include Anthropic, the developer of Claude; Google DeepMind with its Gemini models; Meta with the Llama family; Elon Musk’s xAI with Grok; the French company Mistral AI; as well as Perplexity, Cohere, and a number of other companies developing generative AI, enterprise language models, and AI search.
Competition in the sector is intensifying not only due to the quality of models but also due to access to chips, data centers, corporate clients, and distribution. In this context, OpenAI’s IPO could become not just a financial event but a new phase in the battle for leadership in the global artificial intelligence market.
