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answer: direct
beat: ai-industry
source: 1 article · updated: August 20, 2026
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Which banks are reportedly underwriting OpenAI's IPO?

Goldman Sachs and Morgan Stanley are reportedly lined up as lead underwriters for the offering. These are two of the three largest investment banks by revenue on Wall Street, and their involvement signals the scale and market significance of the anticipated listing.

Answered in

OpenAI's Path to the Biggest Tech IPO in Years: What the Numbers Actually Say

OpenAI reportedly filed a confidential S-1 at an $852B valuation as ChatGPT nears a billion weekly users. What is known and what remains uncertain.

Crashtech Editorial August 20, 2026 AI Business & Money

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