OpenAI is preparing to go public. The company plans to file for a US IPO as early as September, aiming to raise up to $60 billion in what would be one of the largest tech offerings in recent memory.
The numbers behind the filing
OpenAI’s current private valuation sits at approximately $852 billion, a figure that has drawn no small amount of skepticism from market participants.
Goldman Sachs and Morgan Stanley are reportedly advising OpenAI on the potential offering.
OpenAI’s nonprofit arm still holds approximately 26% of the for-profit entity, valued at around $130 billion based on current valuation estimates. That unusual corporate structure has been a source of ongoing debate and legal scrutiny.
