OpenAI IPO: OpenAI has reportedly confidentially filed for a US IPO, becoming the second AI company after Anthropic to raise funds from the stock market.
According to Reuters report, OpenAI didn’t disclose
the size or terms of the offering and said a time hasn’t yet been determined.
AI companies are seeking to raise capital from the primary market at a time when retail investors are looking to invest in the artificial intelligence boom.
“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best,” OpenAI said in the filing.
Reuters had reported that the AI giant is targeting a valuation of up to $1 trillion in a stock market debut that could come as early as September.
In the latest funding round, which concluded in March 2026, OpenAI is valued of $852 billion, the second most valuable AI company after Anthropic.
1 Billion Global Monthly Active App Users
OpenAI’s ChatGPT has crossed 1 billion global monthly active app users, becoming the fastest app ever to reach the milestone, according to estimates from market intelligence firm Sensor Tower.
ChatGPT reached 1 billion MAUs in May, roughly three years after launch, surpassing the pace set by apps including Google Maps, TikTok, Instagram and YouTube, Sensor Tower said.
As of the second quarter to date, Claude had 56 million global monthly active app users, while its year-over-year MAU growth of about 640% significantly outpaced ChatGPT’s 62% growth, according to Sensor Tower.
SpaceX IPO Oversubcribed
Investor demand for the $75 billion SpaceX IPO has surged, with multiple institutional investors submitting bids worth over $10 billion apiece.
Retail investors can still submit orders for SpaceX shares on some platforms beyond the Wednesday deadline. The company is allocating as much as 30% of the offering to retail, Bloomberg News has reported.
On Friday, SpaceX announced a deal with Alphabet Inc.’s Google that would see the Gemini AI model maker pay $920 million a month as part of a cloud services agreement set to run through 2029.
