OpenAI mothballed plans to spin out hardware and robotics divisions.
… OpenAI has been cutting back on side quests ahead of a potential IPO and could revive spinout plans later on, the report says. …
… OpenAI has been cutting back on side quests ahead of a potential IPO and could revive spinout plans later on, the report says. …
… In February, though, OpenAI adjusted that figure, telling investors it plans to spend $600 billion on compute by 2030. The news also comes weeks after the jury reached a verdict in the high-profile Musk v. Altman trial, and ahead of Musk-owned SpaceX’s planned June 12 IPO. …
After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission. The filing sets the stage for what’s sure to be a massive IPO. …
… ChatGPT is experiencing this slowdown right as OpenAI is eyeing an IPO, although CFO Sarah Friar has reportedly expressed concerns about those plans. …
It’s the numbers, too, according to a new Wall Street Journal report, which echoes The Information’s claim earlier this month that CFO Sarah Friar has expressed concern about its IPO plans and CEO Sam Altman’s datacenter spending. …
… Anthropic and OpenAI’s IPOs are both approaching. …
… Any scandalous information about OpenAI’s C-suite could derail the IPO. Musk is also potentially vulnerable to mud-slinging. Musk’s SpaceX has filed confidentially for an IPO, which may happen as soon as June. …
… Shortly after Zoph returned to OpenAI, the company said he would lead its push into enterprise — a significant role at OpenAI, since in recent months it had vowed to stop chasing so-called “side quests” and focus on key revenue drivers like enterprise and coding ahead of its planned IPO. …
All of the updates from Elon Musk and Sam Altman’s battle over OpenAI See all Stories Posted May 12, 2026 at 7:20 PM UTC H Hayden Field Molo asked Altman if he’d ever fire himself as CEO of the OpenAI for-profit. “I have no current plans to do so,” Altman replied, adding, “I’ve never thought about … …
… It’s all part of OpenAI’s recent strategic shift to focus on key revenue drivers like coding and enterprise and stop pouring resources into “side quests” ahead of its potential IPO later this year and amid investor pressure to turn a profit. …