On June 9, 2026, OpenAI announced via a blog post that it had submitted a confidential draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), thereby paving the way for a potential future public offering. OpenAI clarified that, given the likelihood of the document's eventual leak, it decided to proactively disclose the news. The company stressed that no final decision had been made regarding going public and that such a move might still be some time away. Earlier, its rival Anthropic had also confidentially submitted an IPO filing, though details regarding the number of shares to be offered and the pricing remained undetermined. Anthropic noted that the progression of its IPO would hinge on market conditions and a variety of other factors.
