AI“最高潮”时间表来了？报道称OpenAI考虑最早2026年下半年交表，2027年上市，估值1万亿美元

Core Viewpoint - OpenAI is preparing for a potential record-breaking IPO, aiming for a valuation of up to $1 trillion, with plans to submit an application to regulators by the second half of 2026 and officially list in 2027 [3][4]. Financial Overview - The initial fundraising target for the IPO is set at a minimum of $60 billion, although this may be adjusted based on business growth and market conditions [4]. - OpenAI's projected revenue for this year is only $13 billion, while it anticipates consuming $115 billion by 2029, indicating a significant funding gap [5][8]. Market Context - The IPO comes at a time of unprecedented excitement in the AI market, with companies like CoreWeave and Nvidia achieving substantial market valuations, creating a favorable environment for OpenAI's entry [6][7]. Competitive Landscape - The IPO is crucial for OpenAI to secure necessary funding to compete against rivals like Google and xAI, despite the potential dilution of existing shareholders' equity [9]. Strategic Planning - OpenAI's IPO plans align with its technological roadmap and business expansion timeline, including ambitious goals for AI research and computational power [10][12]. - The company has committed to investing approximately 30 gigawatts of computational power, with total ownership costs projected to be around $1.4 trillion over the coming years [12]. Organizational Restructuring - OpenAI has undergone a significant restructuring to reduce its reliance on Microsoft, transitioning from a non-profit to a new structure that includes a non-profit foundation and a public benefit corporation [14]. - This restructuring has converted early investors' investments into common equity and removed financial return caps, enhancing appeal to public market investors [14].