OpenAI may target $1 trillion valuation in IPO, reports Reuters

OpenAI, the company that, for many, has become synonymous with the AI revolution, is now moving towards the next step in its expansion.

According to Reuters on Wednesday, which cited unnamed sources, the artificial intelligence startup OpenAI is getting ready to submit an IPO application as early as next year, which could result in a $1 trillion market valuation for the business.

According to the publication, the corporation is preparing for one of the biggest initial public offerings (IPOs) in history and may submit documentation to authorities as…