OpenAI IPO will happen ASAP, say insiders

OpenAI is reportedly preparing to file IPO paperwork soon, possibly as early as this week, after Elon Musk’s lawsuit was dismissed.

Bankers and investors are said to be weighing a potential market debut as soon as September, despite OpenAI’s losses and limited paid-user conversion.

The move could mark a major AI market milestone and sharpen scrutiny of Sam Altman’s finances, governance, and company ties.

Any IPO would also intensify competition and comparisons with Anthropic, Google, and xAI in the fast-moving AI sector.