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OpenAI CFO Suggests Postponing IPO to 2027 Due to Slowing Growth and Unmet Financial Standards

Source: www.wsj.com
OpenAI CFO Sarah Friar has privately suggested postponing the company's IPO to 2027, citing that it has not yet met the financial reporting standards for a public company. Meanwhile, CEO Sam Altman hopes to advance the listing as soon as Q4 2026. Insiders say there is a disagreement between the two over the pace of the IPO.Data shows that OpenAI's growth has slowed. ChatGPT's weekly active users increased from 800 million in December 2025 to 900 million in February 2026, still short of the previously set target of 1 billion. Additionally, the company's annualized revenue is approximately $25 billion, while competitor Anthropic has surpassed $30 billion. At the same time, OpenAI has adjusted its computing power investment plans, leading to internal discussions about the future alignment of spending and revenue. Investment banks believe that the company that goes public first will gain a capital advantage in the industry. Currently, OpenAI has not yet initiated the formal IPO process.

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