OpenAI Says It Will Not Pursue IPO in 2026 as Funding Talks Continue
Preliminary financing discussions could value the company at about $1.4 trillion, but OpenAI has not confirmed the target, valuation or listing schedule.
OpenAI says it will not pursue an initial public offering in 2026, while preliminary financing talks are being discussed at a potential valuation of about $1.4 trillion.
The financing discussions are preliminary, and OpenAI has not confirmed the fundraising target, valuation or a 2027 listing schedule. The structure, timing, investors and final terms have not been disclosed.
OpenAI CEO Sam Altman said Sept. 15 that the company would not go public in 2026. “I would say not 2026,” Altman said when asked whether the IPO timeline would move to 2027.
Altman also said safety concerns made the current environment an unsuitable time for a public listing. “Given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” he said.
The potential financing would follow OpenAI’s $122 billion funding round completed in March, which valued the company at $852 billion. Its annualized revenue was nearing $70 billion as of Sept. 29, while enterprise sales had more than doubled since July.
No official IPO filing or definitive 2027 listing date has been identified.
