OpenAI explores IPO targeting up to $1 trillion valuation amid accelerating AI revenue growth

OpenAI is preparing for a potential IPO that could value the company as high as $1 trillion, according to market sources. The firm’s revenue run-rate has reached $20 billion annually, driven by explosive adoption of ChatGPT Enterprise and API services. Analysts caution that infrastructure costs and competition from Anthropic and Google DeepMind remain headwinds. The offering, expected in late 2025, would mark one of history’s largest tech listings and signal investor confidence in the long-term profitability of generative-AI ecosystems.

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