OpenAI is preparing to file for an IPO as soon as this week, reports say

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OpenAI's IPO plans come just days after the company won a legal battle against Elon Musk.

May 20, 2026 15:10 EDT

OpenAI, the company behind ChatGPT, has reportedly been exploring the possibility of filing for an initial public offering (IPO) over the past year. However, the latest report suggests that the AI company’s IPO filing could happen as early as this week.

According to a CNBC report, OpenAI is preparing to “confidentially” file for an initial public offering as soon as Friday, which could mark one of the biggest IPO filings in history. The AI company is reportedly in talks with some of the largest banks in the United States, including Goldman Sachs and Morgan Stanley, to file a draft IPO in the coming days or weeks.