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Wall Street Banks Jockey for Piece of OpenAI’s Potential Trillion-Dollar IPO

SAN FRANCISCO, May 31, 2026, 09:03 (PDT) OpenAI has been in discussions with Citigroup and JPMorgan Chase about potential roles in its upcoming IPO, according to people with knowledge of the talks cited by Bloomberg News. The company is ramping up efforts for what could become one of the tech sector’s biggest public debuts. Goldman Sachs and Morgan Stanley are already in the mix, and Citigroup and JPMorgan could be added to the roster—though Bloomberg notes these conversations might not end up in official assignments. OpenAI, Citigroup, and JPMorgan all declined to comment. (Bloomberg Law) Timing is key here: Wall

The post Wall Street Banks Jockey for Piece of OpenAI’s Potential Trillion-Dollar IPO appeared first on Next Wave Wire.

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