What Happened
Rival Anthropic Also Pursues Public Listing as Investors Seek AI Profitability
OpenAI has confidentially filed for an initial public offering, joining its rival Anthropic in a race to Wall Street as AI moves from private markets to public scrutiny. The filing comes after Anthropic disclosed its own confidential IPO filing, signaling that the AI industry’s largest startups are preparing for a new phase where investors are looking at clear paths to AI profitability. According to Adweek, OpenAI’s filing sets up a high-stakes test of investor appetite for AI.