OpenAI IPO
OpenAI is the AI company behind ChatGPT, GPT-4, and DALL-E, which have transformed how people interact with artificial intelligence. The company has generated billions in annualized revenue and counts Microsoft as its largest investor and cloud partner. OpenAI is reportedly considering a public offering that could value it at over $100 billion.
Key Facts
| Industry | Artificial Intelligence |
| Founded | 2015 |
| Headquarters | San Francisco, CA |
| Employees | ~1,700 |
| Website | openai.com |
| Funding | OpenAI has cut its funding round target from $30 billion at a $1.4 trillion valuation to $20 billion at a $1.25 trillion valuation, with UAE funds reportedly leading the reduced round, amid waning investor appetite for AI amid a broader tech sell-off. This marks a $150 billion valuation trim following the Nasdaq 100's worst month since March 2025. Prior funding includes over $135B raised historically, including the $122B round from March 2026 and Amazon's $35B tranche, with SoftBank's $40B bridge loan and Nvidia's $250B backstop still key support pillars. Revenue run rate had surged to nearly $70 billion as of recent reports. |
About OpenAI
OpenAI is the creator of ChatGPT and GPT-4, breakthrough generative AI models that have fundamentally transformed public perception and adoption of artificial intelligence. The company's large language models power applications across content creation, coding assistance, customer service, and knowledge work, making OpenAI one of the most valuable AI companies globally. Beyond consumer applications, OpenAI provides API access to its models, enabling thousands of businesses to integrate advanced AI capabilities into their products and services. The company's rapid scaling from research organization to commercial powerhouse reflects both the transformative potential of generative AI and the intense competition in the AI infrastructure space. OpenAI's partnership with Microsoft and its transition from non-profit to capped-profit structure have positioned it at the center of debates about AI governance, safety, and commercialization.
IPO Status
OpenAI's IPO timeline remains indefinite with no S-1 filed, but significant new developments show the company scaling back funding ambitions amid a broader tech sell-off. OpenAI cut its funding round target from $30 billion at a $1.4 trillion valuation down to $20 billion at a $1.25 trillion valuation, reportedly trimming valuation targets by $150 billion after the Nasdaq 100 posted its worst month since March 2025. Investor appetite for AI has cooled, with Meta also receiving a credit warning over cash flow and spending concerns. Anthropic continues to outpace OpenAI toward a public listing, with its leaked IPO prospectus drawing scrutiny for being 'big on promises, short on answers,' and reports suggesting a potential $2 trillion valuation. Some reports indicate investors want to see Anthropic's IPO pricing before committing further to OpenAI, suggesting OpenAI's fundraising cuts may be linked to competitive positioning against Anthropic's more advanced IPO process. Broadcom has emerged as a notable winner from Anthropic's IPO buildup. Michael Burry's bearish stance and broader market skepticism toward AI valuations continue to add pressure, though OpenAI's status remains 'IPO Expected' rather than filed, as no S-1 has been submitted.
Competitors
Frequently Asked Questions
Does OpenAI have a stock?
As of early 2026, OpenAI has not officially filed for an IPO, but a public listing is widely expected. The company has been showing strong signals of IPO preparation.
When is the OpenAI IPO date?
No official OpenAI IPO date has been announced yet. The company is expected to go public, but the exact timing depends on market conditions and company readiness.
How can I buy OpenAI stock?
OpenAI is not yet publicly traded. Once the company completes its IPO, you'll be able to buy shares through any major brokerage.
Stay Updated on the OpenAI IPO
Get real-time alerts when OpenAI files for an IPO, prices shares, or begins trading.
Get IPO Alerts