News
OpenAI May Delay IPO to 2027 in Bid for $1 Trillion Valuation, Report Says; AI Stocks Slump
OpenAI is reportedly weighing a 2027 IPO to chase a ~$1 trillion valuation, having quietly filed its S-1 on June 8. The news hammered SoftBank shares in Tokyo by nearly 13% and dragged AI stocks broadly lower.