16:00 - 26.06.2026
June 26, Fineko/abc.az. Artificial intelligence pioneer OpenAI is considering holding off on its highly anticipated initial public offering (IPO) until 2027.
According to ABC.AZ, citing sources via The New York Times, CEO Sam Altman remains firm on entering the public market with a target valuation of at least $1 trillion. The ChatGPT creator’s latest private funding round concluded in March, locking in its valuation at $852 billion.
Core Reasons Behind the Postponement:
Market Fluctuation Deficit: Underwriters and banking advisers warned that recent volatility in tech equities, alongside the post-listing stock slide of SpaceX, could significantly dampen retail investor sentiment.
Anthropic Head-to-Head: OpenAI’s primary rival, Anthropic (the developer behind Claude), has recently experienced a major revenue surge and has also filed its confidential prospectus with the SEC. Both tech firms are racing to secure massive public market inflows to bankroll extensive CapEx requirements for AI processing chips and next-gen data centers.
24 June 2026
24 June 2026