On November 6, according to the Wall Street Journal, OpenAI CFO Sarah Friar said on Wednesday that the company will not conduct an initial public offering (IPO) in the short term and hopes that the federal government can provide support for the financing of future data center projects.
OpenAI CFO Fryer
OpenAI's listing is expected to be one of the largest IPOs in history. However, at the Tech Live technology summit hosted by the Wall Street Journal, Fryer poured cold water on outside expectations. She said,OpenAI's move to a new corporate structure does not mean it will go public soon, as the company's current focus is on growth and research and development, rather than profitability.
"IPO is not currently planned,""We're still getting the company acclimated to a larger stage of development, so we don't want to get bogged down in the IPO process," Fryer said.
According to previous reports from Reuters, OpenAI is preparing for an IPO with a possible valuation of approximately US$1 trillion. The Wall Street Journal stated that OpenAI has discussed going public as soon as 2027.