ChatGPT maker joins rivals like Anthropic in preparing listings amid soaring investor interest in artificial intelligence sector.
Image: Reuters
SAN FRANCISCO: OpenAI has confidentially filed for a US initial public offering, signaling one of the most significant steps yet toward bringing the artificial intelligence boom to public markets.
The company did not disclose the size or terms of the offering, and said the timing of the IPO has not yet been determined.
The move comes as rival Anthropic has also filed for a public listing, highlighting growing momentum among leading AI firms to tap capital markets.
OpenAI, the creator of ChatGPT, is reportedly being positioned for a potential valuation of up to $1 trillion, reflecting rapid investor enthusiasm for AI-driven companies.
The IPO wave could also include other major tech players such as SpaceX, which is also preparing for a public offering.
OpenAI said it may delay listing as it continues to operate key initiatives more effectively as a private company, despite strong investor interest.
The company has grown rapidly in recent years, reporting hundreds of millions of weekly ChatGPT users and expanding commercial adoption across industries.
Earlier this year, OpenAI raised major funding at an estimated valuation of over $800 billion, with backing from investors including Microsoft, Amazon and Nvidia.
The filing comes after OpenAI renegotiated key partnerships, including deeper integrations with major cloud providers such as Microsoft.
Industry analysts say the IPO could mark a defining moment for the AI sector, which has become one of the most influential forces in global financial markets.
However, concerns remain about valuation sustainability, profitability timelines and increasing competition among AI firms as the industry rapidly expands.
OpenAI has previously indicated it may not become profitable until the end of the decade, despite strong revenue growth and widespread adoption of its technologies.
