OpenAI Prepares for Potential IPO Amid Competitive AI Landscape

OpenAI is reportedly engaging in informal discussions with several Wall Street banks as it prepares for a potential public offering in the fourth quarter of 2026. According to Odaily, the company has hired key financial experts, including Chief Accounting Officer Ajmere Dale, to facilitate this process. OpenAI is concerned about competition from Anthropic, a company founded by former OpenAI employees, which is advancing its Claude model and may go public after raising over $10 billion. Both companies face challenges related to AI infrastructure development and legal issues source: https://www.binance.com/en/square/post/35759731129457?utm_source=BinanceNewsRSS