OpenAI is discussing IPO plans with Citigroup and JPMorgan

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OpenAI is reportedly in discussions with Citigroup and JPMorgan for its IPO, which could also involve Goldman Sachs and Morgan Stanley. The company may file a confidential application soon, with a potential listing as early as September 2026. Market sentiment, as reflected in the Fear & Greed Index, remains mixed. Traders are also monitoring altcoins amid broader market uncertainty. Polymarket data shows a 29% chance of an IPO by September and a 70% chance by year-end.

BlockBeats report, on May 30, sources said OpenAI has discussed participating in its upcoming IPO with Citigroup, JPMorgan Chase, and others. Citigroup and JPMorgan Chase may join Goldman Sachs and Morgan Stanley in preparing for the listing. The sources also noted that discussions with Citigroup and JPMorgan Chase do not guarantee their final participation in the IPO, and other investment banks may also ultimately join.


On May 21, it was reported that OpenAI plans to submit a confidential IPO application to regulators soon, with investment banks including Goldman Sachs and Morgan Stanley assisting in drafting the IPO prospectus and preparing to file documents confidentially with regulators shortly. Some informed parties indicated that OpenAI aims to launch its IPO as early as September, though the plans remain subject to change.


According to PolyBeats, the probability of OpenAI going public before the end of September is 29%, and before the end of the year is 70%, as monitored on the prediction market Polymarket.

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