AXIOS October 31, 2025
Wall Street is licking its chops at the mere prospect of an OpenAI IPO, which could unleash a financial frenzy with little precedent if and when it arrives.
Why it matters: A stock offering — potentially two years away — is driven by necessity.
- The company says it will require trillions of dollars to develop its AI systems, a goal that could make an IPO unavoidable.
The big picture: The world’s most important AI company going public would signal a new phase of maturity for an industry that didn’t exist all that long ago.
- Just as the blockbuster IPOs of Facebook and Twitter in the 2010s marked a new era for social media, OpenAI going public would...
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