Sam Altman’s OpenAI preparing to file for blockbuster IPO soon: report

Sam Altman’s OpenAI preparing to file for blockbuster IPO soon: report

May 20, 2026 / Liam Redmond /

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OpenAI is preparing to file for an initial public offering in the coming days or weeks, the Wall Street Journal reported Wednesday, citing people familiar with the matter.

The ChatGPT maker is working with bankers at firms, including Goldman Sachs and Morgan Stanley, on a draft IPO prospectus that it plans to file confidentially with regulators soon, possibly as early as Friday, the report said.


OpenAI CEO Sam Altman speaks at Snowflake Summit 2025.
ChatGPT owner OpenAI maker is working with bankers at firms, including Goldman Sachs and Morgan Stanley, on a draft IPO prospectus that it plans to file confidentially with regulators soon. Getty Images

OpenAI did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.

The AI company was considering filing with securities regulators as soon as the second half of 2026, Reuters has reported.

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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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