OpenAI CFO Sarah Friar stated that the company expects to go public in 2027, with a current valuation of $852 billion.
OpenAI CFO Sarah Friar revealed to employees on Wednesday that the company expects to go public in 2027, but the IPO could happen sooner if the business continues to grow. She emphasized that an IPO is another fundraising milestone, and the company had already raised $122 billion in March, which provides flexibility. OpenAI secretly filed its IPO prospectus in June and completed a $7 billion secondary stock sale this Monday.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
Freda Duan, Partner at Altimeter Capital: AI drug discovery "bottleneck trades" are forming, with triple-digit order growth expected for DNA synthesizers Twist Bioscience and GenScript.
-
2
Cerebras's pre-market stock rose 6% after OpenAI CEO Altman called Cerebras a "close partner."
-
3
Ethereum: Market Impact, Technological Advancements, and Future Outlook
-
4
Multiple U.S. states will vote on wealth taxes in November, with California potentially imposing a 5% net worth tax on billionaires.
-
5
NVIDIA's $20 billion Groq deal faces lawsuit, accused of undervaluing shareholder worth and evading a vote.
-
6
Bitcoin (BTC): Latest Updates and Market Analysis of Digital Gold
-
7
Circle and Tether unite against MiCA bank reserve rules, with Circle proposing looser standards
-
8
KKR Reaches Agreement to Acquire Private Capital Fund Administrator Gen II
-
9
NEXTPredict Conference to Explore Prediction Market Development, Two CFTC Directors to Attend
-
10
French 10-year government bond yields increased, while 10-year Bund yields fell.
Markets Today
Recommended Reading




