OpenAI is striking with its IPO while investor appetite for pure‑play AI is high, according to Deutsche Bank analyst Adrian Cox, who looks ahead to a potential scramble among investor for allocations into the public float.
Wall Street types are preparing for 'record breaking' stock offering that could see Sam Altman's AI company trouser some $60bn, which would push the company valuation above $1trn.
A confidential filing could be come in a matter of days, enabling the public listing as early as September.
