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. …
… Our focus remains on execution.” OpenAI’s push for an IPO comes just days after the company appeared to gain an advantage over Elon Musk in court , removing one of the biggest potential hurdles to its IPO plans. …
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. …
… Anthropic has been in tight competition with OpenAI for fundraising and user growth in advance of their respective IPOs. …
… So those IPO plans were shelved. IPO ambitions reappeared in earnest in April when the company was able to report about double the revenue : $510 million in 2025 up 76% year-over-year , and from a handful of customers. …
… With SpaceX about to break records with an IPO on Friday, Anthropic about to break records with its pending IPO, and OpenAI racing to match or best its archrivals with its own potentially record-breaking IPO, the tech industry will soon have a new set of public company overlords. …
… The news will likely come as a relief to people concerned about passive investor money and people’s retirement savings plans having greater exposure to the market risks associated with SpaceX’s big bet on AI and speculative orbital data center plans . …
… As it is listed as another “future market,” there is little detail about how SpaceX plans to tackle this idea. Total control Make no mistake, this is Elon Musk’s company. Per the filing, Musk will be the CEO, CTO, and chairman of the SpaceX board after the IPO. …
Elon Musk’s xAI lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX’s IPO filings . …