The Sam Altman led OpenAI, which has been a key player in rising AI adoption practices globally, is eyeing a crucial expansion move.

The San Francisco, California headquartered artificial intelligence major is gearing up towards filing its IPO papers as early as 2026, which could lead to a $1 trillion market valuation for ChatGPT's parent firm, citing a Reuters report.

In a preliminary discussions, OpenAI has reportedly considered raising a minimum of $60 billion in the public offering.

This large-scale capital infusion is key to Sam Altman’s plans to invest potentially trillions of dollars into global AI infrastructure, which includes the necessary computing power and data centers to achieve general artificial intelligence.

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