OpenAI Eyes Biggest US IPO in History Thanks to Nvidia and Amazon
Summary
OpenAI recently confirmed a $110 billion valuation, suggesting it could stage the largest Initial Public Offering (IPO) in US tech history, although no filing has been made yet. This valuation is supported by massive new private funding rounds, including $30 billion each from SoftBank and NVIDIA, and $50 billion from Amazon, in addition to Microsoft's existing multi-year commitment of around $13 billion. If OpenAI proceeds with an IPO at this valuation, it would surpass landmark debuts like Meta Platforms' $104 billion listing in 2012. While Alibaba holds the global record at $168 billion, OpenAI's potential listing reflects strong investor conviction in frontier AI.
(Source:BeInCrypto)