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OpenAI Eyes 2027 IPO, CFO Signals Potential Early Launch
🇹🇷 Turkey /Technology

OpenAI Eyes 2027 IPO, CFO Signals Potential Early Launch

From Cumhuriyet · () Turkish

Translated from Turkish, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • OpenAI's Chief Financial Officer, Sarah Friar, announced the company plans to go public in 2027.
  • Friar indicated that the IPO could occur earlier than planned if the company's growth continues at its current pace.
  • OpenAI, known for its AI work and ChatGPT, has surpassed 1 billion active users for ChatGPT in 2026.

OpenAI, the artificial intelligence company behind ChatGPT, is preparing for a public offering, with its Chief Financial Officer Sarah Friar confirming plans for an Initial Public Offering (IPO) in 2027. Friar suggested that the company might even launch its IPO sooner than anticipated, provided its rapid growth trajectory persists.

Despite facing internal management challenges, the San Francisco-based company has maintained significant popularity within the AI sector, largely driven by the success of ChatGPT. In 2026, OpenAI reported that ChatGPT had exceeded one billion active users, underscoring the platform's widespread reach and influence.

The company will become a public company in 2027.

— Sarah FriarOpenAI's Chief Financial Officer confirming the company's IPO plans.

Friar made these remarks regarding the long-discussed IPO during a recent meeting. She reiterated the 2027 target while emphasizing the possibility of an accelerated timeline based on financial performance. The process for the IPO was initiated in the United States in June, though a definitive date has not yet been set.

If the financial performance progresses like this, it can be offered to the public earlier than planned.

— Sarah FriarIndicating a potential acceleration of OpenAI's IPO timeline.
DistantNews Editorial

Originally published by Cumhuriyet in Turkish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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