OpenAI hasn’t formally committed to an IPO, but CEO Sam Altman, in a livestream broadcast discussing the new structure, said an initial public offering was the most likely path for the company’s future.

In late 2024, OpenAI, still recovering from the aftershock of the brief, messy ousting of Sam Altman, initiated what it hoped would be a relatively straightforward process of converting to a more traditional for-profit business that would be more appealing to investors. Then came the pushback.

OpenAI is laying the groundwork for an initial public offering that could value the company at up to around $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time and give CEO Sam Altman access to a much larger pool of capital to pull off his ambitious agenda.

The shift establishes a nonprofit foundation overseeing a for-profit corporation, allowing the world’s most valuable startup to woo investors and secure funds.

Elon Musk’s lawyer pledged to continue the billionaire’s legal crusade against OpenAI as he slammed the attorneys general of California and Delaware for not blocking the artificial intelligence startup’s restructuring as a for-profit company.

Both companies were back at it on Tuesday, announcing deals that once again added billions in value to public companies.

“Traditional classifiers can have high performance, with low latency and operating cost," OpenAI said. "But gathering a sufficient quantity of training examples can be time-consuming and costly, and updating or changing the policy requires re-training the classifier."

OpenAI has rolled out another update to its Sora AI video app, one that builds on its existing video generation features with new tools designed