OpenAI could be on the verge of filing for an initial public offering, according to multiple reports that triggered a sharp spike in online searches and renewed investor excitement around artificial intelligence stocks on Tuesday.
A report from The Wall Street Journal said the ChatGPT maker has been working with bankers from Goldman Sachs and Morgan Stanley on a draft IPO prospectus that may be filed confidentially with U.S. regulators in the coming days or weeks. Some people familiar with the matter reportedly said the filing could happen as early as Friday.
Bloomberg and Seeking Alpha later published similar reports, further fueling speculation that OpenAI may finally be preparing for a public market debut after years of explosive growth in the AI sector.
The reports quickly pushed “OpenAI IPO” into Google Trends, where searches surged within hours as investors, traders, and retail users reacted to the possibility of one of the biggest technology IPOs in recent years.
Wall Street watching OpenAI closely
If OpenAI moves forward with the filing, it would mark a major turning point for the artificial intelligence industry. The company has become one of the most influential names in tech through products like ChatGPT, enterprise AI tools, and partnerships with major corporations.
The reported involvement of Goldman Sachs and Morgan Stanley signals that preparations may already be at an advanced stage. Confidential IPO filings are common for major companies because they allow firms to begin discussions with regulators privately before publicly releasing financial information.
At this stage, OpenAI has not officially confirmed the reports, and no public SEC filing, valuation range, share pricing details, or ticker symbol have been released.
Still, market attention remains extremely high because OpenAI is already viewed as one of the most valuable private AI companies in the world. Investors are expected to closely examine revenue growth, AI infrastructure spending, cloud computing costs, and the company’s long-term profitability once official documents become available.
The possible IPO also comes at a time when AI-related stocks continue to dominate market momentum. Companies connected to chips, cloud computing, cybersecurity, and enterprise software have benefited heavily from rising AI demand over the past year.
Microsoft is also expected to stay in focus because of its deep commercial relationship with OpenAI and its AI integration strategy across Windows, Azure, and Office products. Swikblog previously covered the changing AI partnership landscape here: Microsoft Stock Falls 1% as OpenAI Deal Ends Exclusivity, AI Competition.
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Why the IPO could reshape the AI market
An OpenAI IPO would likely become one of the most closely watched public offerings since the AI boom began. Public investors would finally gain insight into how much revenue generative AI companies are producing, how much they spend on AI chips and data centers, and whether current AI valuations can be justified in public markets.
For now, the reports remain unconfirmed by OpenAI itself. But the reaction across financial media, Google Trends, and AI-focused investors shows that the market is already treating the possibility of an OpenAI IPO as one of the defining technology stories of 2026.














