PYMNTS.com October 30, 2025

OpenAI is reportedly planning what could be one of the largest-ever initial public offerings (IPOs).

That’s according to a report late Tuesday (Oct. 29) by Reuters, citing three sources who say the public listing could value OpenAI at up to $1 trillion.

The artificial intelligence (AI) startup is considering filing with regulators as soon as the second half of next year, sources told Reuters, and has — in preliminary talks — looked at raising at least $60 billion, but likely more.

Sources added that OpenAI Chief Financial Officer Sarah Friar has told some associates the company is targeting a 2027 listing, though some advisers predict it could come even sooner, around late 2026.

“An IPO is not our focus, so...

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