OpenAI IPO Delay? Listing Pushed to 2027 Amid Volatility

OpenAI is reportedly considering delaying its initial public offering, possibly until 2027. This potential delay is due to concerns about volatility in technology stocks. What's interesting is that OpenAI's CEO, Sam Altman, is reportedly pushing for a valuation of $1 trillion. However, there are also concerns that retail investor sentiment is now dampened. Bloomberg reported that OpenAI is in talks with Morgan Stanley and Goldman Sachs for a listing as early as this fall. The company confidentially filed for an IPO with the US SEC on June 9th. Rival AI company Anthropic also filed a confidential S-1 submission on June 1st. These filings have created buzz about which company will go public first. OpenAI is valued at $852 billion, and Anthropic at $965 billion. The bottom line: The timing of these major AI IPOs could significantly impact the market.