OPENAI PLANS FOURTH-QUARTER IPO IN RACE TO BEAT ANTHROPIC TO MARKET

Summary from the TLDR newsletter

OpenAI is holding informal talks with Wall Street banks about a potential initial public offering in the fourth quarter of this year. 2026 is expected to be a blockbuster year for stock market debuts after a drought. Some on Wall Street are speculating that this year could be the biggest year ever for IPOs. OpenAI, Anthropic, and SpaceX are among the most closely watched tech companies that could go public.