Story perspectives
OpenAI Streamlines Projects Ahead of $850 Billion IPO
3/31/2026
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Story summary
- OpenAI faces pressure to refine its business model ahead of a potential IPO, valued at $850 billion.
- The company has cut projects, including Instant Checkout and the video-generation platform Sora, to pursue sustainable revenue.
- Analysts say these moves are necessary because OpenAI burns through billions monthly without clear profitability.
- ChatGPT remains popular with over 900 million weekly users.
- Revenue mostly comes from subscriptions, while advertising trials show potential.
