Sakana AI is preparing for an initial public offering as early as fall 2027, with Goldman Sachs engaged as IPO advisor. The Japanese generative AI developer may list in either Japan or the United States and is expected to become the country's first publicly traded GenAI company. Founded in 2023, Sakana AI focuses on sovereign artificial intelligence scenarios and has deployed several routing models. The company raised a Series B round at a 400 billion yen valuation in November 2025. Proceeds from the anticipated listing are earmarked for model development, talent recruitment, and sales and marketing efforts.