OpenAI Burns $3.7B in Q1 2026, Files for US IPO with Potential $1 Trillion Valuation

According to Reuters, OpenAI burned US$3.7 billion in the first quarter of 2026 while generating US$5.7 billion in revenue, based on documents shared with shareholders.

Earlier in June, the artificial intelligence company confidentially filed for a US initial public offering, with listing potentially occurring as early as September at a valuation of up to US$1 trillion—a significant jump from the US$135 billion valuation cited by Microsoft for its investment in OpenAI's for-profit arm.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments