We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.

Back to home

ChatGPT maker reportedly eyes $1 trillion IPO despite major quarterly losses

Source

Ars Technica

Published

TL;DR

AI Generated

OpenAI, the maker of ChatGPT, is reportedly considering a $1 trillion IPO, with filings potentially happening in the second half of 2026. Despite facing significant quarterly losses, estimated at $11.5 billion, the company sees going public as a way to access capital more efficiently and facilitate larger acquisitions. Chief Financial Officer Sarah Friar has mentioned a potential 2027 IPO listing, while financial advisors suggest 2026 could be feasible. OpenAI has discussed raising $60 billion through selling shares, which could lead to a valuation of $1 trillion or more, depending on business growth and market conditions.

ChatGPT maker reportedly eyes $1 trillion IPO despite major quarterly losses - Tech News Aggregator