OpenAI files for IPO
09 Jun 2026, 12:40 PMThis comes shortly after rival Anthropic also initiated plans to go public.
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OpenAI has confidentially filed paperwork for an initial public offering (IPO), shortly after rival Anthropic also initiated plans to go public.
The Sam Altman-led AI company, which was last valued at around$852 billion, submitted a draft registration statement to the US Securities and Exchange Commission (SEC), though it has not yet disclosed details regarding the size, timing, or pricing of the offering.
In a statement, OpenAI said it has not finalized a timeline for the IPO and may continue operating as a private company for some time, citing strategic advantages of remaining private while keeping the option of going public open.
The filing adds momentum to what is shaping up to be a landmark year for public markets. Alongside OpenAI and Anthropic, aerospace giant SpaceX is also expected to pursue a stock market debut, potentially creating one of the busiest periods for major technology listings in recent years.
OpenAI's IPO plans come despite ongoing concerns over its financial outlook.
While OpenAI continues to dominate consumer AI through ChatGPT, serving an estimated 900 million weekly active users, investors are closely monitoring whether its revenue growth can eventually offset the enormous costs associated with training and operating advanced AI models.
Meanwhile, Anthropic has reportedly presented a stronger near-term profitability outlook, leading some investors to view it as a potential benchmark for valuing AI companies entering public markets.
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