Microsoft (MSFT)-backed OpenAI is laying the groundwork for an IPO that could value the company at up to $1T, Reuters’ Echo Wang, Kenrick Cai, Deepa Seetharaman and Krystal Hu report. According to people familiar with the matter, OpenAI is considering filing with securities regulators as soon as the second half of 2026, and in preliminary discussions, the company has looked at raising $60B at the low end and likely more. Talks are in the early stages and plans, including the figures and timing, could change depending on business growth and market conditions, according to the report.
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