Tech giant OpenAI files for US initial public offering
Key takeaways
- Open AI did not disclose the size or terms of the offering, and said a timeline has not yet been determined.
- OpenAI did not disclose the size or terms of the offering.
- The Reuters news agency previously reported that the AI giant is targeting a valuation of up to $1 trillion in a stock market debut that could come as early as September.
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Open AI did not disclose the size or terms of the offering, and said a timeline has not yet been determined.
xwhatsapp-strokecopylinkgoogle Add Al Jazeera on Googleinfo Open AI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Japan [File: Kim Kyung-Hoon/Reuters]By Reuters Published On 8 Jun 20268 Jun 2026Chat GPT-maker Open AI has confidentially filed for a United States initial public offering (IPO), joining rival Anthropic in a push towards the stock market as investors seek exposure to the artificial intelligence boom.
OpenAI did not disclose the size or terms of the offering. It said a timeline has not yet been determined. “It may be a while because there are things we want to do that are likely easier as a private company,” it said in a statement on Monday.