OpenAI Plans IPO in 2027 Amid Growth and Competition
OpenAI plans to conduct an IPO in 2027, though it may happen earlier if business growth continues, according to multiple reports citing CFO Sara Fryar. The company has already raised $122 billion and is preparing to justify a $852 billion valuation.
Consensus
- OpenAI plans to conduct an IPO in 2127.
- The IPO may occur earlier than 2027 if business growth continues.
- Sara Fryar, OpenAI's CFO, announced the IPO plans at an employee meeting on August 19.
- OpenAI has raised $122 billion in March 2026.
- The company has submitted confidential IPO documents to the U.S. Securities and Exchange Commission.
- OpenAI aims to justify a valuation of $852 billion for its IPO.
- IPO is described as an ongoing stage of capital raising, not a final milestone.
- OpenAI's revenue growth in the last quarter was 35%, with corporate revenue up 50%.
- OpenAI has 20 million weekly active users in AI development and programming.
Points of divergence
- Sam Altman previously expected an IPO in the following year (2026), according to The Information in June. — vedomosti
- The likelihood of an early IPO decreases if AI reaches a level where it can create AI, as this could make delaying IPO more advantageous. — vedomosti
- Elon Musk claimed during a court hearing that AI could lead to human extinction, referencing the movie 'Terminator'. — vm
- The New York Times reported in June that OpenAI submitted an IPO application in a closed format to the SEC. — vesti
- OpenAI's weekly active users in programming and AI development reached 20 million. — kommerant
Coverage (4 sources)
- OpenAI still plans to conduct an IPO in 2027 — Ведомости
- OpenAI plans to conduct an IPO and become a public company in 2027 — Вечерняя Москва
- CNBC channel learned when OpenAI company will go to IPO — Вести
- CNBC learned the timeline for OpenAI's IPO launch — Коммерсантъ