Following Anthropic, OpenAI files confidentially for IPO
Key takeaways
- Chat GPT-maker Open AI has filed confidentially for an initial public offering, the company said Monday in a blog post.
- Open AI, which was last valued at $852 billion post-money, submitted a draft registration statement to the U.S.
- The filing is the latest signal that 2026 will be a blockbuster year for the public markets, with Elon Musk’s SpaceX also poised to make its debut at a $1.75 trillion valuation.
Why this matters: a development in AI with implications for how people work, create, and decide.
Chat GPT-maker Open AI has filed confidentially for an initial public offering, the company said Monday in a blog post. The filing comes a little more than week after its main rival, Anthropic, also filed to go public, ramping up the race between the two AI firms.
Open AI, which was last valued at $852 billion post-money, submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed IPO. The company didn’t list the number of shares or set a price.
The filing is the latest signal that 2026 will be a blockbuster year for the public markets, with Elon Musk’s SpaceX also poised to make its debut at a $1.75 trillion valuation.