OpenAI'nın 2027 yılında halka açılma hedefi "değerleme 1 trilyon dolara kadar çıkıyor", tarihin en büyük IPO'su olma potansiyeline sahip.

Reuters, citing informed sources, reported that OpenAI plans to go public in 2027 with a valuation of 1 trillion dollars, opening a new chapter in the global AI capital landscape, but also exposing huge cash burn and governance challenges. (Background: After completing the “profitability restructuring”, OpenAI paves the way for IPO, is the peak of AI about to come?) (Background supplement: AMD lets OpenAI “take a 10% stake” with stock prices soaring 24%, fully declaring war on Nvidia Cuda?) According to Reuters' latest report, OpenAI will submit documents as early as the second half of 2026, with plans to go public in 2027. The minimum fundraising amount is 60 billion dollars, with a valuation up to 1 trillion dollars. If realized, it will become a litmus test for global AI investment enthusiasm. In a staff meeting this Tuesday, OpenAI CEO Sam Altman also mentioned that a public offering might occur in the future. He noted in a live broadcast that “considering our capital needs”, an IPO is a possible option. OpenAI expects to consume 115 billion dollars by 2029, while this year's revenue is expected to be only 13 billion dollars, resulting in a huge funding gap. Revenue cannot keep up with cash burn, and the capital market becomes the last fortress. OpenAI CEO Sam Altman admitted in a live broadcast that the estimated revenue for 2025 is 13 billion dollars, but total expenditures could reach 1.15 trillion dollars by 2029, driven by cash demands from AI model training, data centers, and talent costs. Currently, the capital market still holds a strong appetite for “generative AI”. Microsoft owns about 27% of OpenAI, and once listed, the potential on-paper gains will be substantial, also testing whether the AI craze can continue. Computing power deployment leads to astronomical bills. OpenAI's technical blueprint shows that it aims to create an “automated research intern” by 2026, and by 2028, to develop an “automated researcher” capable of achieving significant breakthroughs. To achieve these goals, the company plans to deploy 30 GW of Bilgi İşlem Gücü, with TCO up to 1.4 trillion dollars, and even hopes to reduce the cost of new computing power to “1 GW per week” in the future. To ensure GPU supply, OpenAI collaborates with AMD on a scale of 6 GW and has signed contracts worth hundreds of billions of dollars with Nvidia and Oracle, indicating that computing power remains the core of the next round of competition. Complex governance structure paves the way for listing. When founded in 2015, OpenAI was a non-profit organization. However, it has now been adjusted to a profit-oriented public welfare company, OpenAI Group, controlled by a non-profit foundation, aiming to balance technological development with business interests. The latest restructuring converts early investments into common stock and removes return caps, eliminating regulatory hooks that hinder IPOs. However, the board's mission prioritizes “AI safety” over the traditional corporate goal of “maximizing shareholder value”, which may lead to tensions and more scrutiny in regulatory reviews and investor relations in the future. AI barometer: glory and concerns coexist. If OpenAI successfully lists in the future, it will directly affect subsequent AI startups' valuations and fundraising thresholds; however, concerns about the bubble are gradually surfacing. OpenAI's current cash burn rate far exceeds its revenue, while there are also worries that chip supply and electricity may form bottlenecks. If AI demand does not meet expectations, massive infrastructure could remain idle. However, whether OpenAI's listing can be realized on schedule is not only related to the fate of a single company but will also test the overall industry's willingness to bet on “general artificial intelligence”. Related reports: OpenAI's native browser “ChatGPT Atlas” three major functions at a glance, can AI agents shake Chrome's dominance? Musk xAI advances into the US government! Federal agencies will integrate Grok, with an annual fee of 0.42 dollars, half of OpenAI's price. OpenAI completes the private sale of 6.6 billion dollars in equity, with valuation soaring to 500 billion dollars! Facing off against Musk xAI. <OpenAI aims for IPO in 2027 with a valuation up to 1 trillion dollars, expected to become the largest IPO in history> This article was first published in BlockTempo, the most influential blockchain news media.