OpenAI Files for IPO, Markets Eye $2.5T Valuation by Year-End

OpenAI, the artificial intelligence leader based in the U.S., is preparing to file for an initial public offering in the coming weeks, according to a report from the New York Times. The IPO will be submitted to the U.S. Securities and Exchange Commission, a pivotal step for the company as it transitions from private to public markets.

CEO Sam Altman has not commented on valuation targets, but prediction market activity suggests growing optimism. The market for OpenAI reaching a $2.5 trillion valuation by December 31 currently shows a 12.5% probability. The $1.75 trillion target sits at 31%, up from 18% just 24 hours ago.

Market participants view the IPO as a major catalyst for OpenAI's valuation. Key partners like Microsoft and SoftBank, along with any SEC updates, will be closely watched for further signals on the company's financial trajectory.