OpenAI said Monday it has taken a formal step toward a potential stock market debut, signaling that the artificial intelligence company is preparing for the possibility of becoming a publicly traded firm.

The move gives OpenAI flexibility to pursue an initial public offering in the future, though the company indicated no final decision has been made on whether or when shares would begin trading publicly.

“We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it,” OpenAI said in a statement Monday. “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.”

The company added that the announcement does not constitute an offer to sell securities and that any future offering would be conducted in accordance with federal securities laws.

ANTHROPIC FILES CONFIDENTIALLY FOR IPO

A confidential S-1 filing allows companies to begin the IPO process with the Securities and Exchange Commission without immediately disclosing detailed financial information to the public. The filing is often viewed as an important milestone for companies considering a future public listing.

FOX Business previously reported that OpenAI was targeting a public offering as early as September and had been working with Goldman Sachs and Morgan Stanley on a draft IPO prospectus, according to a Reuters report at the time.

The Sam Altman-led company has emerged as one of the dominant forces in artificial intelligence following the launch of ChatGPT, helping ignite a wave of investment and competition across the technology sector.

BAY AREA BANKER WANTS TO SWAP HIS $8M ESTATE FOR AI COMPANY STOCK

OpenAI has since expanded its lineup of AI products for consumers and businesses while attracting billions of dollars in funding.

Reuters previously reported that OpenAI had been laying the groundwork for a public listing that could value the company at up to $1 trillion, underscoring the enormous investor appetite for AI-related businesses.

AI LEADERS ARGUE SOFTWARE WILL ADAPT – NOT DIE – BUT VALUATIONS ARE STRETCHED

The announcement comes as Wall…

Artificial intelligence (AI) giant Anthropic said on Monday it had confidentially filed for its U.S. initial public offering, as the AI heavyweight looks to beat archrival OpenAI to the IPO market.

The much-awaited IPO comes as Elon Musk’s SpaceX is expected to launch its roadshow on June 4, with the rocket and satellite maker likely to target raising about $75 billion at a valuation of roughly $1.75 trillion.

Wall Street is betting 2026 could be a breakout year for the U.S. IPO market, underpinned by a strong pipeline of high-profile private companies and pent-up demand for new listings.

Goldman Sachs predicted earlier this year that proceeds from U.S. IPOs could vault to a record $160 billion in 2026, should the marquee names go public this year.

BAY AREA BANKER WANTS TO SWAP HIS $8M ESTATE FOR AI COMPANY STOCK

Here is an overview of some of the mega IPOs expected in 2026:

Anthropic

AI heavyweight Anthropic revealed it had confidentially filed for a U.S. initial public offering, setting the stage for what could ​become a watershed moment for Wall Street’s AI frenzy.

Anthropic, which operates AI chatbot Claude, last raised $65 billion at a post-money valuation of $965 billion in late May, putting it ahead of rival OpenAI.

The company said in a post on its website that the move “gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors.”

Anthropic added that it hasn’t set the number of shares to be offered and the share price yet.

AI LEADERS ARGUE SOFTWARE WILL ADAPT – NOT DIE – BUT VALUATIONS ARE STRETCHED

SpaceX

Elon Musk’s SpaceX filed publicly for its hotly anticipated U.S. initial public offering last month, moving the firm closer to what could be the biggest stock market flotation ever.

SpaceX has accelerated its ⁠IPO timeline, with a roadshow launch targeted for ​June 4 and the share sale as early as June 11, Reuters reported last week, citing people familiar with the matter.

In February, SpaceX acquired Musk’s artificial intelligence startup xAI in a record-setting deal, unifying his AI and space ambitions by combining the company with the maker of the Grok chatbot.

If SpaceX raises $75 billion, it would be the world’s largest IPO, eclipsing oil major Saudi Aramco’s 2019 listing.

SPACEX MOVES TO LAUNCH HIGHLY ANTICIPATED IPO

OpenAI

ChatGPT-maker OpenAI is…