The lab that put generative AI in front of hundreds of millions of people.
OpenAI reshaped how ordinary people interact with software. Weekly ChatGPT usage is counted in the hundreds of millions, and Microsoft's investment and Azure partnership sit underneath much of its compute. Nothing about a listing has been confirmed, but the company is the reference point every other AI valuation is argued against.
Valuation
$500B+
Share price
TBD
Timing
2026 (expected)
Status
PRE-IPO
Research focus
What investors should watch
ChatGPT usage reported in the hundreds of millions of weekly users
Microsoft is its largest strategic backer and infrastructure partner
Broad enterprise footprint across large-cap corporates
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