OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
OpenAI is facing challenges in its IPO race against Anthropic, with investor confidence waning due to concerns over spending and leadership issues. Anthropic has gained traction with its Claude models and is reportedly valued higher than OpenAI. Recent developments, including a court victory and plans for an IPO, may signal a potential turnaround for Anthropic.
- ▪Chances of Anthropic beating OpenAI to an IPO have dropped significantly on Polymarket.
- ▪OpenAI has faced investor concerns regarding spending and leadership turnover.
- ▪Anthropic's enterprise business has shown massive growth, leading to a higher valuation than OpenAI.
2 outlets in our directory ran this story, first to last over 21 hours. All of the coverage we found sits in one bucket: centre. That one-sidedness is itself worth noticing.
- ▪ OpenAI vs. Anthropic: The IPO race - MSN — Google News
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| Original publisher | CNBC — Top |
| Canonical URL | https://www.cnbc.com/2026/05/20/openai-takes-the-lead-in-ai-ipo-horse-race-getting-to-public-markets-first-is-very-important.html |
| Publication time | Wed, 20 May 2026 19:05:35 GMT |
| Retrieval time | 2026-05-20T19:15:02.947Z |
| Last seen | 2026-05-20T19:15:02.947Z |
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| Cluster | MLQJMKoD-ih4 · 4 stories |
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| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
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Opening excerpt (first ~120 words) tap to expand
Chances Anthropic would beat OpenAI to an IPO collapsed on Polymarket to 20% from 69%. While the birth of OpenAI's ChatGPT launched the AI bull market in November 2022, the company has lost some of its shine with investors. Worries about the company's spending, reports on missed revenue and growth targets and leadership turnover weighed on investors' outlooks. There have even been internal disagreements on the timeline to go public, according to the Journal, with CEO Sam Altman pushing for a faster debut than CFO Sarah Friar.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.
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