Cryptocurrency punters raised odds that OpenAI could debut with a market valuation above $1.5 trillion, following the AI giant’s confidential IPO filing.

OpenAI To Be Next Trillion-Dollar Giant?

For context, only about ten companies in the world are valued at more than $1.5 trillion, including the “Mag 7” giants.

The probability of OpenAI reaching a valuation between $1.25 trillion and $1.5 trillion now stands at 14%, up 9 percentage points from the previous day. Over $1.7 million has been wagered on the bet.

The IPO Tsunami Is Here

The spike in odds follows the San Francisco-headquartered firm’s announcement that it has submitted a confidential draft registration statement on Form S-1,…

Read more on Benzinga