OpenAI 'will be a public company in 2027' or sooner, CFO Friar tells employees
Summary
OpenAI's CFO Sarah Friar announced that the company plans to become a public company in 2027, though it could happen sooner if business performance remains strong. OpenAI has already confidentially filed its IPO prospectus (initial public offering document, which is a formal filing required to sell stock to the public) with the Securities and Exchange Commission and raised $122 billion in March, giving it financial flexibility for the public debut.
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Original source: https://www.cnbc.com/2026/08/19/open-ai-ipo-timing-2027-friar.html
First tracked: August 19, 2026 at 08:01 PM
Classified by LLM (prompt v3) · confidence: 92%