Tech giant OpenAI files for US initial public offering

June 9, 2026 - 04:38

OpenAI, the artificial intelligence company behind ChatGPT, has taken a significant step toward going public by filing for an initial public offering with U.S. regulators. The company did not disclose the size or terms of the offering in its filing, and it stated that a timeline for the IPO has not yet been determined.

The move comes as OpenAI continues to expand its reach in the AI industry, competing with other major tech firms. The company has seen explosive growth since launching ChatGPT in late 2022, attracting millions of users and billions in investment. However, the decision to go public also raises questions about how the company will balance its original nonprofit mission with the demands of public shareholders.

OpenAI's filing is under review by the Securities and Exchange Commission. The company emphasized that the offering would depend on market conditions and other factors. No further details about the number of shares or expected price range were provided.

This development marks a pivotal moment for the AI sector, as OpenAI is one of the most closely watched private companies in technology. Its IPO could set a benchmark for other AI startups considering public listings. For now, investors and analysts will have to wait for more information on the timing and structure of the offering.