May 21, 2026

OpenAI is about to file for an IPO, and prediction markets think Anthropic just lost the race to go public first

Black cables and wires connected to the back of modular LED display panels
Kier in Sight Archives / Unsplash

The AI industry’s most consequential race is no longer about building the best model. It is about getting to public markets first. OpenAI appears to have taken the lead. The company is preparing to confidentially file a draft of its IPO prospectus as...