OpenAI has discussed participating in an IPO with Citigroup and JPMorgan Chase.

BlockBeats News, May 30: According to sources, OpenAI has held discussions with Citigroup, JPMorgan, and other firms regarding its upcoming IPO. Citigroup and JPMorgan may join Goldman Sachs and Morgan Stanley in preparing for the listing. Sources also mentioned that talks with Citigroup and JPMorgan do not guarantee their participation in the IPO, as other investment banks may eventually join.

Earlier on May 21, OpenAI was reported to be planning to submit a confidential IPO application to regulators soon, with banks including Goldman Sachs and Morgan Stanley assisting in drafting the IPO prospectus. The plan is to submit the documents to regulators covertly shortly. Some sources indicated that OpenAI aims to go public as early as September, but the plans are subject to change, and future developments may occur.

According to PolyBeats data, on the prediction market Polymarket, the probability of OpenAI going public by the end of September is 29%, and by the end of the year is 70%.