OpenAI Expected to Go Public Within a Year, Altman Reveals IPO Filing

OpenAI CEO Sam Altman told employees the company is expected to go public within a year. The company has confidentially filed for an IPO with the U.S. SEC, preparing to capitalize on strong investor demand for AI stocks.
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  • 📰 Published: June 11, 2026 at 02:05
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(Central News Agency, New York, 10th – Combined Foreign News) Sam Altman, CEO of OpenAI, the developer of the chatbot ChatGPT, told employees earlier this week that he expects the company to go public "within a year."

U.S. media outlet The Information reported on the 8th that OpenAI said it had recently confidentially filed for an initial public offering (IPO) in the United States. Along with competitor Anthropic, they are actively preparing to enter the stock market to capitalize on the huge investor demand for AI stocks.

According to the report, Altman noted, "There are many factors that could move the timeline earlier or later, but filing now gives the company flexibility and optionality if we want to go public earlier."

He also told employees that OpenAI would "soon" launch a tender offer at the current price of $687.69 per share.

OpenAI did not immediately respond to a request for comment from Reuters. (Editor: Ji Jinling) 1150611

FAQ

When is OpenAI's IPO?

CEO Sam Altman expects the company to go public within a year.

What is the purpose of the IPO?

To capitalize on investor demand for AI stocks and raise capital for R&D.

Is competitor Anthropic also planning an IPO?

Yes, Anthropic is also reportedly preparing for a public offering.