OpenAI, the artificial intelligence company backed by Microsoft, may wait until 2027 to go public, a report from Yahoo Finance suggests. The timing of any IPO remains uncertain, with the company focused on scaling its operations and technology. No official timeline has been provided by OpenAI.
The delay reflects the capital-intensive nature of AI development and the need to demonstrate sustained growth and profitability before tapping public markets. Investors have been eyeing OpenAI as one of the most anticipated tech IPOs, given the rapid adoption of its generative AI tools.
A 2027 timeline would give the company several more years to mature its revenue streams and expand its product suite. The report did not specify financial targets or valuation expectations. OpenAI's private market value has already soared into the tens of billions.
For Microsoft, a major shareholder, a later IPO means a longer wait on returns but also more time for OpenAI to solidify its competitive position. Rivals like Google and Anthropic continue to push forward, keeping pressure on the startup to innovate and capture market share.
Some analysts argue that delaying the IPO could backfire if market conditions shift or competition erodes OpenAI's lead. The company faces regulatory scrutiny over safety and data use, adding further uncertainty.