OpenAI is considering a 2027 IPO delay after Sam Altman rejected any valuation below $1 trillion, sending SoftBank’s market cap down $38 billion on the news.
Tag: OpenAI
Posted inTech
Forty-two state attorneys general subpoena OpenAI days after its IPO filing
A coalition of 42 states subpoenaed OpenAI just four days after its IPO filing, targeting ChatGPT’s health data practices, treatment of minors, and a design flaw called model sycophancy.
Posted inMarkets
Coinbase lists Anthropic and OpenAI pre-IPO perpetuals as $1.8 trillion AI IPO wave looms
Coinbase launched Anthropic and OpenAI pre-IPO perpetuals on June 22, giving non-US traders a public route to bet on AI labs valued at a combined $1.817 trillion.
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Transformer co-author Noam Shazeer leaves Google for OpenAI
Shazeer, co-author of the Transformer paper, left Google on June 18 for OpenAI less than two years after Google paid $2.7 billion to bring him back.
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Anthropic and DeepMind CEOs call for US-led global AI coalition at G7
Anthropic’s Dario Amodei and Google DeepMind’s Demis Hassabis called for US leadership on global AI standards at the G7 summit in Évian on June 17.
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US orders Anthropic to cut off Fable 5 and Mythos 5 for all foreign nationals
The US government issued an export control directive on 13 June 2026 ordering Anthropic to disable Fable 5 and Mythos 5 for all foreign nationals, citing a reported security jailbreak.
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OpenAI files confidential S-1 with the SEC as the AI IPO race intensifies
OpenAI submitted a draft S-1 registration statement to US regulators on June 8 at an $852 billion valuation, joining a historic cluster of AI companies moving toward public markets.
Posted inMarkets
Anthropic files confidential S-1 at $965 billion valuation, overtaking OpenAI
Anthropic confidentially submitted its IPO prospectus on 1 June 2026 at a $965 billion valuation, overtaking OpenAI, with Q2 revenue above $10.9 billion and an 80-fold increase in annualised revenue over twelve months.
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Florida sues OpenAI and Sam Altman in first state lawsuit over AI safety
Florida Attorney General James Uthmeier filed an 83-page complaint against OpenAI and CEO Sam Altman on June 1, alleging ChatGPT aided mass shooters, encouraged suicide, and addicted minors.
Posted inTech
Microsoft and OpenAI end exclusivity in a partnership reset that opens ChatGPT to all clouds
An amended agreement announced April 27 makes Microsoft’s AI license non-exclusive through 2032, lets OpenAI sell through any cloud provider, and ends the revenue share Microsoft paid — a structural shift driven by OpenAI’s $50 billion Amazon deal.