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Multiple Anthropic backers told the Financial Times they expect the company to go public in October at a targeted valuation of $2 trillion or higher — more than double the $965B Series H valuation from May and eclipsing SpaceX's record $1.77T June IPO. Anthropic filed confidentially in June but has not publicly set a timeline; it is not yet net-profitable (WSJ reports Q2 revenue ~doubling to $10.9B with a first operating profit). Directly updates Anthropic's IPO catalyst.

OpenAI appointed David Vélez (founder/CEO of Nubank) and Robin Vince (CEO of Bank of New York Mellon) to the boards of the OpenAI Foundation and OpenAI Group PBC on July 22, 2026. Both are seasoned financial-industry executives, and the appointments are widely framed as a governance step to strengthen the board ahead of a potential IPO. Reported valuation context ~$850B.

Anthropic's underwriters (Goldman Sachs, Morgan Stanley) have started scheduling pre-IPO meetings between executives and institutional investors — the step that precedes a formal roadshow — targeting a fall 2026 Nasdaq listing, with October cited as leading timing. The company, valued at $965B in its May 2026 Series H, is pitching a ~$47B annualized revenue run rate and expected first operating profit; some forecasts see pricing above $1T. This is a material progression past the June 1 confidential S-1 toward an actual listing.

Multiple outlets (NYT, corroborated by Reuters and Bloomberg, Jun 25) report OpenAI is now leaning toward holding its IPO until 2027 rather than late 2026, with advisers citing tech-stock volatility and SpaceX's weak first weeks as a newly public company. This pushes back the previously reported fall-2026 debut timeline for the most-watched AI IPO.

OpenAI officially confirmed it has confidentially submitted a draft S-1 registration statement to the SEC, the first formal step toward an IPO. The company said it has not yet determined timing and that a public listing 'may be a while' away; reports point to a potential debut as early as fall 2026.

OpenAI officially confirmed it has confidentially submitted a draft S-1 registration statement to the SEC, the first formal step toward an IPO. The company said it has not yet determined timing and that a public listing 'may be a while' away; reports point to a potential debut as early as fall 2026.

On June 1, 2026 Anthropic confidentially submitted a draft Form S-1 registration statement to the SEC, formally beginning its path to a public listing — days after closing a $65B Series H at a $965B post-money valuation. This resolves the company's standing S-1/IPO catalyst watch.

On June 1, 2026 Anthropic confidentially submitted a draft Form S-1 registration statement to the SEC, formally beginning its path to a public listing — days after closing a $65B Series H at a $965B post-money valuation. This resolves the company's standing S-1/IPO catalyst watch.