Sakana AI may go public in 2027

Sakana AI may hold an IPO as early as next year, reportedly considering the Tokyo Stock Exchange, Nasdaq or both, with Nikkei reporting a market capitalization that could exceed Mercari's ¥680 billion ($4.3 billion) and Goldman Sachs hired as an adviser. In an X post, Sakana AI said it has no near-term IPO plans and that its priority remains building a generational AI company serving as Japan's national AI champion. The company raised ¥32 billion ($200 million) in Series B funding and said on Oct. 26 that it is training its own LLM from scratch, with its planned Sakana Sawara series to include a large and a small model.