OpenAI is reportedly preparing a new artificial intelligence model while also laying groundwork for a possible public listing that could come within the next year, according to a report from The Information.

The report points to a major strategic moment for the company, which has become one of the most closely watched players in the AI industry. While OpenAI has not publicly confirmed an initial public offering timetable, the publication said the company expects to go public within the next year. The timing appears to be linked in part to progress on systems that would move AI capabilities forward, including work on a new model.

The details suggest OpenAI is balancing product development with longer-term corporate planning. A new model could help strengthen the company’s case that it remains at the forefront of the AI race as competition intensifies across the sector. At the same time, a potential IPO would mark a major shift for a company that has so far operated with an unusual structure and significant backing from strategic investors.

Public market scrutiny could also put more attention on OpenAI’s finances, governance and commercial strategy. The company has grown rapidly as demand for generative AI tools has surged, but the costs of training and running advanced models remain high. A listing could give OpenAI access to a broader pool of capital if market conditions are favorable, though it would also bring new disclosure and regulatory obligations.

The report does not say when the new model will be released or describe its technical capabilities. It also does not indicate whether the company has formally started the IPO process. Still, the claim that OpenAI expects to go public within the next year is notable because it suggests the company may be preparing for a more traditional corporate structure sooner than many observers had anticipated.

OpenAI has been at the center of the AI boom, with its products helping define the consumer and enterprise market for generative tools. That position has made every move by the company closely watched by competitors, customers and investors alike. If the reported timeline holds, OpenAI could soon face a different level of transparency as it moves from a private AI lab and product company toward life as a public corporation.

For now, the report leaves open key questions about the company’s roadmap. How quickly OpenAI can advance its next model, whether market conditions support an offering, and how it would structure a public debut all remain unclear. But the combination of new model development and IPO planning underscores how the company may be entering a new phase of growth and scrutiny.