OpenAI Targets $1 Trillion Public Listing

OpenAI is preparing to go public as early as Q4 2026, targeting a valuation of up to $1 trillion and beginning informal talks with Wall Street banks. The company reported $25 billion in annualized revenue by February 2026 and 900 million weekly users, but projects multi‑year losses and heavy compute spending through 2030. The IPO would subject OpenAI to public-market scrutiny of growth and margins.