OpenAI's Long-March to a Trillion-Dollar IPO: Will the AI Bubble Burst?
OpenAI plans one of history's largest IPOs, eyeing a valuation of $1 trillion by the second half of 2026. Despite its projected $20 billion annual revenue run rate, OpenAI faces growing losses as it scales AI infrastructure. CEO Sam Altman's IPO inclination marks a shift toward capitalizing on public markets amid trillion-dollar infrastructure ambitions. Recent restructuring has reduced Microsoft's ownership stake but retained oversight. Major investors like Microsoft, SoftBank, and Thrive Capital stand to reap massive returns.
Mar 29