外媒：OpenAI启动万亿美金IPO筹备，奥尔特曼坦言资金需求迫切

Core Insights - OpenAI has officially initiated preparations for its initial public offering (IPO), potentially valuing the company at up to $1 trillion, marking a significant milestone in the capitalization of the AI industry [1][3] Group 1: IPO Preparation - OpenAI is considering submitting a confidential IPO application to regulators as early as the second half of 2026, with a minimum fundraising target of $60 billion, which may exceed this amount [3] - The company's CFO, Sarah Frier, has indicated a goal to complete the IPO by 2027, although some advisors predict an earlier window by the end of 2026 [3] - OpenAI's official spokesperson has stated that the IPO is not the current focus, emphasizing the commitment to building a sustainable business [3] Group 2: Organizational Changes - The recent restructuring of OpenAI has established a new governance framework where the nonprofit "OpenAI Foundation" holds 26% of the group's equity and future options, reducing reliance on major shareholder Microsoft [3] - This restructuring is seen as a crucial step towards enabling OpenAI to independently enter the public market [3] Group 3: Strategic Necessity for IPO - The leadership under Sam Altman views the IPO as strategically urgent due to the significant funding requirements for their ambitious global AI infrastructure plans, which are expected to require trillions of dollars [4] - The anticipated annual revenue is projected to reach approximately $20 billion by the end of the year, but ongoing substantial losses highlight the need for long-term capital [4]