Sources: OpenAI's restructuring, approved by California's AG, paves the way for an IPO as soon as 2027; Sam Altman says an IPO is likely but gave no timeframe (Wall Street Journal)

TechmemeWednesday, October 29, 2025 at 9:55:01 AM
Sources: OpenAI's restructuring, approved by California's AG, paves the way for an IPO as soon as 2027; Sam Altman says an IPO is likely but gave no timeframe (Wall Street Journal)
OpenAI is making significant strides towards an initial public offering (IPO), with California's Attorney General approving its restructuring. This development is crucial as it not only signals confidence in OpenAI's future but also highlights the company's commitment to remaining in California. Sam Altman, OpenAI's CEO, has indicated that an IPO is likely, although he hasn't specified a timeline. This move could potentially reshape the tech landscape and attract more investments into the AI sector.
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