OpenAI moves closer to Wall Street with confidential IPO filing
While OpenAI did not reveal the size of the offering or provide a firm timeline, it indicated that a stock market debut is not imminent
by
Published: Jun 9, 2026 12:32 PM | 1 min read
Follow Us
- OpenAI has confidentially filed for a US initial public offering (IPO), though it has not disclosed the offering size or timeline.
- The company stated that it prefers to pursue several initiatives while remaining privately held before going public.
- Reports suggest OpenAI could aim for a valuation of up to $1 trillion upon its eventual market debut, potentially as early as September.
- Other AI firms, including Anthropic and Perplexity, are also pursuing IPOs, with Anthropic having recently filed and Perplexity planning to go public in 2028.
OpenAI has confidentially filing paperwork for a US initial public offering (IPO).
While OpenAI did not reveal the size of the offering or provide a firm timeline, it indicated that a stock market debut is not imminent. In a statement, the company noted that there are still several initiatives it would prefer to pursue while remaining privately held.
According to reports, the company could seek a valuation of up to $1 trillion when it eventually lists on public markets, potentially as early as September.
Earlier this month, Anthropic announced that it had confidentially filed for an IPO in the US. The move followed a funding round that reportedly valued the company at $965 billion.
Meanwhile, AI firm Perplexity is also planning to go public in 2028. CEO Aravind Srinivas has told CNBC that he will be going ahead with the IPO plan, "regardless of how the market receives the listings of Anthropic and Open AI".
Read more news about Digital Media, Internet Advertising, Marketing News, Television Media, Radio Media
For more updates, be socially connected with us onInstagram, LinkedIn, Twitter, Facebook, YouTube & Google News