On November 5 (local time), Sarah Friar, the Chief Financial Officer of OpenAI, made it clear that the company currently has no intentions of launching an Initial Public Offering (IPO). She explained that the company's primary focus is on steadily growing its existing operations and doesn't want to get sidetracked by matters associated with an IPO. Earlier, there had been rumors suggesting that OpenAI was considering filing for a listing as soon as the latter half of 2026, with the ambition of going public in 2027. If successful, the company could potentially achieve a valuation of $1 trillion and was aiming to raise a minimum of $60 billion.
