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Bloomberg reported that OpenAI bankers presented management with two paths: an accelerated listing at a lower valuation, or a delay to 2027 aiming for up to a $1 trillion valuation. CFO Sarah Friar reportedly advised waiting as the company continues heavy capital expenditure on computing infrastructure. Choppy post-IPO performance of comparable tech companies was cited as a factor dampening investor appetite.

“OpenAI bankers presented two options to management: list soon at a lower valuation, or wait until 2027 to target up to $1 trillion, Bloomberg reported.”