Guavy AI Editorial TeamSentiment: 2Clout: 40

OpenAI Delays IPO to 2027 in Pursuit of $1 Trillion Valuation

OpenAI has delayed its initial public offering (IPO) until 2027, according to sources. The company's advisors are reportedly advising a postponement to take advantage of a more positive market environment. CEO Sam Altman has stated that any valuation under $1 trillion is unacceptable.

The decision to delay the IPO comes as OpenAI seeks to be valued among the top technology companies in the public markets, with a target valuation of $1 trillion. This move will impact blockchain projects developing AI-related products, such as decentralized computing networks and AI oracle protocols.

OpenAI's private valuation has been reported to range from a few hundred million to over $300 billion in recent funding rounds. The company's advisors have given Altman two options: wait until 2027 for a $1 trillion valuation or lower the valuation for a 2026 IPO.