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technology
kē jì
科技
·HSK 5

OpenAI (AI company)
OpenAI
OpenAI
to / toward
xiang
向
United States
Mei guo
美国
securities
zheng quan
证券
regulatory / supervision
jian guan
监管
agency / body
ji gou
机构
confidentially / secretly
mi mi
秘密
to submit / hand in
di jiao
递交
IPO / listing
shang shi
上市
application
shen qing
申请
。

OpenAI (AI company)
OpenAI
OpenAI
on (a date)
yu
于
June 8th
liu yue ba ri
六月八日
publicly
gong kai
公开
to confirm
que ren
确认
already
yi
已
to / toward
xiang
向
United States
Mei guo
美国
securities
zheng quan
证券
trading / exchange
jiao yi
交易
commission
wei yuan hui
委员会
confidentially
mi mi
秘密
to submit
ti jiao
提交
prospectus / S-1 filing
zhao gu shu
招股书
，
market
shi chang
市场
expected / anticipated
yu qi
预期
valuation
gu zhi
估值
exceeding / more than
yu
逾
one trillion dollars
wan yi mei yuan
万亿美元
。

June 13, 2026 at 10:30 AM

OpenAI (AI company)
OpenAI
OpenAI
on (a date)
yu
于
June 8th
liu yue ba ri
六月八日
publicly
gong kai
公开
to confirm
que ren
确认
，
already
yi
已
regarding / on
jiu
就
its
qi
其
initial / first
shou ci
首次
public
gong kai
公开
stock offering
mu gu
募股
to / toward
xiang
向
United States
Mei guo
美国
securities
zheng quan
证券
exchange / trading
jiao yi
交易
commission
wei yuan hui
委员会
confidentially
mi mi
秘密
to submit
ti jiao
提交
(completion particle)
le
了
prospectus / S-1 filing
zhao gu shu
招股书
draft
cao gao
草稿
。
this time / on this occasion
ci ci
此次
filing / declaration
shen bao
申报
by
you
由
Goldman Sachs
Gao sheng
高盛
、
Morgan Stanley
Mo gen shi dan li
摩根士丹利
and
ji
及
JPMorgan Chase
Mo gen da tong
摩根大通
jointly / together
lian he
联合
to underwrite
cheng xiao
承销
。
analysts
fen xi shi
分析师
to estimate / expect
yu ji
预计
，
OpenAI (AI company)
OpenAI
OpenAI
IPO / listing
shang shi
上市
when / at the time
shi
时
valuation
gu zhi
估值
expected to
yu ji
预计
to exceed / surpass
chao guo
超过
one trillion dollars
yi wan yi mei yuan
一万亿美元
，
at the earliest
zui zao
最早
possibly
ke neng
可能
in / on
yu
于
this year
jin nian
今年
September
jiu yue
九月
to go public / list
shang shi
上市
。
however / nevertheless
ran er
然而
，
OpenAI (AI company)
OpenAI
OpenAI
(structural particle)
de
的
financial
cai wu
财务
situation / condition
zhuang kuang
状况
to trigger / raise
yin fa
引发
attention / concern
guan zhu
关注
：
according to
ju
据
estimates
gu suan
估算
，
the company
gai gong si
该公司
for every
mei
每
revenue / income
shou ru
收入
one dollar
yi mei yuan
一美元
，
losses / deficit
kui sun
亏损
approximately
yue
约
$1.22
1.22 mei yuan
1.22美元
。
HSBC
Hui feng yin hang
汇丰银行
analysts
fen xi shi
分析师
to estimate
gu ji
估计
，
even if
ji shi
即使
under
zai
在
optimistic
le guan
乐观
scenario / situation
qing jing
情景
under / below
xia
下
，
OpenAI (AI company)
OpenAI
OpenAI
by / until
dao
到
year 2030
2030 nian
2030年
still / yet
reng
仍
to need / require
xu yao
需要
more than / exceeding
yu
逾
$207 billion
2070 yi mei yuan
2070亿美元
(structural particle)
de
的
additional
e wai
额外
capital
zi ben
资本
。
OpenAI (AI company)
OpenAI
OpenAI
side / party
fang mian
方面
to state / indicate
biao shi
表示
，
listing / IPO
shang shi
上市
timeline / schedule
shi jian biao
时间表
not yet / still not
shang wei
尚未
determined / fixed
que ding
确定
，
company
gong si
公司
some / certain
you xie
有些
plans
ji hua
计划
as / being
zuo wei
作为
private
si ren
私人
company
gong si
公司
easier / more convenient
geng yi
更易
to advance / push forward
tui jin
推进
。
this time
ci ci
此次
filing / submission
ti jiao
提交
(passive marker)
bei
被
market
shi chang
市场
to regard as / view as
shi wei
视为
technology
ke ji
科技
industry / sector
hang ye
行业
this year
jin nian
今年
IPO (initial public offering)
IPO
IPO
boom / wave
re chao
热潮
(structural particle)
de
的
important
zhong yao
重要
component / part
zu cheng bu fen
组成部分
。

News in English

Science & Technology

OpenAI Files Confidential IPO Application With US Securities Regulators

OpenAI confirmed on June 8 that it had confidentially submitted an S-1 prospectus to US regulators, with analysts expecting its valuation to exceed one trillion dollars at listing.

More in Science & Technology

China
Zhongguó
中国
AI
réngong zhìnéng
人工智能
models
móxíng
模型
captures
zhànlǐng
占领
market
shìchǎng
市场

Chinese AI Models Gain Market Share as GLM 5.2 Rivals OpenAI and Anthropic at Low Cost

UBTech
Yōubìxuǎn
优必选
U1
U1
U1
humanoid robot
rénxíng jīqìrén
人形机器人
launches
fābuō
发布
price
jiàgé
价格

UBTech Launches U1 Ultra-Bionic Humanoid Robot Series Starting at 17600 Dollars

Apple (company)
Píngguǒ
苹果
to file a lawsuit / to sue
qǐsù
起诉
OpenAI (AI company)
OpenAI
OpenAI
，
to accuse / to charge
zhǐkòng
指控
it / the company (formal)
qí
其
to steal / to misappropriate
qièqǔ
窃取
hardware
yìngjiàn
硬件
trade secrets / confidential business information
shāngyè jīmì
商业机密
。

Apple Sues OpenAI Alleging Hardware Trade Secret Theft

Tencent (tech company)
Téngxùn
腾讯
in
zài
在
WeChat (messaging app)
Wēixìn
微信
to launch / roll out
tuīchū
推出
artificial intelligence
réngōng zhìnéng
人工智能
assistant
zhùshǒu
助手
Xiaowei (AI assistant name)
Xiǎowēi
小微
。

Tencent Begins Rolling Out AI Agent Xiaowei to WeChat Users