Altman Seeks $1T OpenAI IPO as SoftBank’s $40B Loan Nears 2027
Altman is pushing for a $1 trillion OpenAI IPO, saying the company will stay private if that threshold can’t be met. The push collides with SoftBank’s need to repay a $40 billion bridge loan early next year, raising uncertainty about deal timing and valuation. That could affect investor expectations for Microsoft and Nvidia, tied to OpenAI’s chip demand.