#IPO
23 stories taggedIPO.

Greg Brockman Is Now Running OpenAI's Day-to-Day Operations
While Sam Altman courts investors and plans a stock market listing, OpenAI's co-founder Greg Brockman has quietly taken charge of almost every major product the company makes, from ChatGPT to its enterprise business.

ChatGPT Will Now Show Ads to Free Users in India
OpenAI is rolling out advertisements inside ChatGPT for its free and low-cost subscribers in India, starting with 50 brands and a self-serve ad tool arriving next month.

OpenAI Is Growing Fast and Losing Executives Even Faster. Here's Why.
More than a dozen senior leaders have left OpenAI since January. The company's co-founder is quietly picking up the pieces, and a closely-watched stock market debut hangs over everything.

OpenAI's Head of Data Centers Has Left the Company, Adding to a Long List of Senior Departures
Chris Malone, who oversaw OpenAI's data center strategy during a critical period of infrastructure growth, left last week. He is at least the 13th senior executive to exit the company in 2026.

Trump bought up to $50,000 of SpaceX shares two weeks after its IPO. The stock has already slipped.
A financial disclosure shows the president bought SpaceX shares at around $150 each. They now trade at $135, roughly where they started when the company went public.

Greg Brockman is quietly becoming the most powerful person at OpenAI
While executives have been leaving OpenAI at an unusual pace, co-founder Greg Brockman has been picking up the pieces, accumulating control over products, strategy and commercial operations just as the company heads toward a stock market listing.

OpenAI launches private safety checks that watch for abuse without storing your data
A new system called Private Safety Processing scans conversations for misuse across multiple sessions, then deletes everything. It is a direct shot at Anthropic, which keeps customer data for 30 days under its newest policy.

Anthropic's revenue hits $65 billion a year, and it's still accelerating
The maker of the Claude AI assistant is growing faster than almost any company in history, and investors expect it to hit $100 billion or more by year's end.

Two Top OpenAI Executives Out in One Week as IPO Clock Ticks
Chief Revenue Officer Denise Dresser is leaving OpenAI within weeks, days after former COO Brad Lightcap also announced his exit. A Wiz president steps in to run revenue as the company prepares to go public.

OpenAI Replaces Its Top Sales Executive as Leadership Shake-Up Continues
Dali Rajic, formerly president at cybersecurity firm Wiz, steps in as chief revenue officer. He is the latest in a string of senior departures and arrivals at the company.

Anthropic investors expect a $2 trillion valuation when the AI company goes public
Half a dozen backers told the Financial Times they believe the Claude-maker could debut on public markets at a figure that would surpass SpaceX and break the record for the largest IPO in history.

Should the US government take a stake in OpenAI and Anthropic?
Both companies launched with promises to put humanity first. Now they are filing for stock-market listings at trillion-dollar valuations. Some researchers think Washington should step in before the wealth concentrates further.

OpenAI's Longtime Operating Chief Brad Lightcap Is Leaving to Start a New Venture
The executive who helped build OpenAI's business from the ground up is moving on, and his departure adds to a string of senior exits as the company prepares to go public.

OpenAI buys back $7 billion in employee shares at an $852 billion valuation
The company paid out staff before a possible public stock listing, signalling that any IPO may be further away than many expected.

Big Tech's AI bets are making corporate profits look much bigger than they are
Microsoft, Amazon and Alphabet booked billions in paper gains from their stakes in Anthropic, OpenAI and SpaceX. Strip those out and earnings growth looks a lot more ordinary.