News

  • Hong Kong draws foreign IPO filings from outside China as Blockdaemon tests crypto listing path
    Business

  • Goldman Sachs takes lead on SpaceX IPO as prospectus expected Wednesday
    Business
  • Uphold explores public listing after Las Vegas XRP push.

    Uphold president says XRP’s yield push and RWA growth are fueling investor interest
    News
  • Investors are speculating about when the official announcement may be made because the company behind ChatGPT appears to be preparing for a stock market debut. As early as Friday, OpenAI may discreetly submit draft filings for an IPO, as per some sources. According to reports, the corporation, which is presently valued by private investors at over $850 billion, has engaged Morgan Stanley and Goldman Sachs to help with the IPO preparations. The file might be made in the upcoming days or weeks, according to the unidentified source. Legal obstacles cleared, timeline accelerates The artificial intelligence firm hasn't publicly confirmed any specific dates. In a statement, OpenAI said it "regularly evaluates strategic options" while staying focused on current business priorities. But internal preparations have been underway to potentially launch the offering during the final three months of this year. The move forward comes just two days after a federal judge threw out Elon Musk's lawsuit against the company. Musk had sought $150 billion in damages and wanted to stop OpenAI from converting to a for-profit structure. Getting this legal matter resolved appears to have cleared a significant roadblock and may have encouraged company leadership to move faster. As Cryptopolitan reported earlier, the timing also overlaps with SpaceX preparing its own public offering. OpenAI might attract less concentrated attention while communicating with investors by submitting around the same time as SpaceX. In what may become one of the largest market listings ever, money managers will now have to consider both well-known corporations. Traders bet heavily on 2026 announcement Reports of the possible filing quickly fueled activity in prediction markets. On Kalshi, traders sharply increased the chances of OpenAI going public before its rival Anthropic. On the prediction market platform, confidence in OpenAI continued to rise sharply, with traders assigning the company an estimated 84% to 85% chance of going public ahead of its rivals. In contrast, contracts tied to Anthropic on Polymarket remained much lower at roughly 22%, reflecting significantly less optimism about the Amazon- and Google-supported startup moving toward an IPO in the near term. The widening gap between the two businesses' odds suggests that investors are becoming more confident in OpenAI's aggressive efforts to capitalize on the generative AI industry's explosive growth and the robust demand for high-profile technology stock offerings. Because many investors now anticipate a significant announcement within the next year, trading activity on prediction platforms has increased significantly. The likelihood of an IPO-related announcement by 2026 has increased to 88%, according to Kalshi. Data from Kalshi reveals spiking trader confidence for an upcoming OpenAI IPO According to Polymarket, OpenAI has a 73% chance of formally going public by the end of 2026. Looking at more specific timeframes, traders think the formal announcement will most likely arrive during late summer or autumn months. Polymarket shows a 72% probability that OpenAI will launch its IPO by December 31, 2026. Kalshi markets currently price an announcement before November at 81%, with bets specifically on before November 1 at 78%. The odds drop to 60% for an announcement before October and 38% for before September, although two sources indicate OpenAI aims to complete the process as early as September. Furthermore, competitors are under increased pressure as a result of these reports. Since Anthropic has grown to be a major force in enterprise AI and AI-driven software development, it is one of OpenAI's main competitors in the industry. Prediction market participants, however, don't seem to believe Anthropic will go public anytime soon. According to reports, Anthropic is talking with investors to obtain capital at a valuation of approximately $900 billion, which might exceed OpenAI's current private valuation. The corporation reported that its annualized revenue had surpassed $30 billion in April. Despite those numbers, there has been a noticeable change in market attitude due to recent revelations concerning confidential IPO filings; many traders now anticipate that OpenAI will reach Wall Street before its competitor.

    Anthropic makes biggest case as AI alpha with latest hire
    News
  • Why is Tesla stock crashing today?

    Why is Tesla stock crashing today?
    Business
  • Elizabeth Warren leads fresh probe into Trump admin's OCC after crypto approvals

    Elizabeth Warren leads fresh probe into Trump admin’s OCC after crypto approvals
    News
  • live news & hot discussions

    TUNE INTO

    The loudest crypto insights in real time
  • X's 'cop' Nikita Bier ships active user dashboard after weeks of platform cleanup

    X’s ‘cop’ Nikita Bier ships active user dashboard after weeks of platform cleanup
    News
  • U.S. enforces crypto sanctions while Japan accelerates digital currency infrastructure

    U.S. enforces crypto sanctions while Japan accelerates digital currency infrastructure
    News
  • U.S. and China agree to government-level AI collaboration after Trump-Xi summit

    U.S. and China agree to government-level AI collaboration after Trump-Xi summit
    Tech
  • How prediction markets are pricing the battle between Anthropic,, SpaceX and OpenAI

    How prediction markets are pricing the battle between Anthropic, SpaceX and OpenAI
    News
  • Fed chairman Kevin Warsh has sold off $100 million in stocks, as instructed by Congress

    Fed chairman Kevin Warsh has sold off $100 million in stocks, as instructed by Congress
    Economy
  • Tether files seven trademarks in South Korea as stablecoin giants vie for market access

    Tether files trademarks in South Korea as stablecoin giants vie for market access
    News
  • Lolli and Kard tap Bitcoin cashback in push to dominate booming crypto card payment sector

    Lolli and Kard tap Bitcoin cashback in push to dominate booming crypto card payment sector
    News
  • Japanese companies say factories are the next AI frontier.

    Japanese companies say factories are the next AI frontier
    Tech
  • BEST COINS'26
    TON
    Explore
    ZEC
    Explore
    BTC
    Explore
    DOGE
    Explore
    HYPE
    Explore
  • Collapsed exchange Zondacrypto’s license suspended by Estonia.

    Collapsed exchange Zondacrypto’s license suspended by Estonia
    News
  • Hut 8 makes AI Push with $16M water project

    Hut 8 makes AI Push with $16M water project
    News
  • Crypto mining stocks post one of the worst quarters in years.

    Crypto mining stocks post one of the worst quarters in years
    News
  • Bernstein bets Bitcoin miners could become AI Infra giants

    Bernstein bets Bitcoin miners could become AI Infra giants
    News
  • Federal Reserve: 1 in 4 US workers now use AI for work, others are getting replaced

    Federal Reserve: 1 in 4 US workers now use AI for work, others are getting replaced
    Tech
  • France will miss out on AI agent boom because of outdated tax system, stakeholders warn.

    France will miss out on AI agent boom because of outdated tax system, stakeholders warn
    News
  • Pump.fun moves to tap USDC liquidity from May 21

    Pump.fun moves to tap USDC liquidity from May 21
    News
  • Gold and Silver slide after Hot US Inflation data

    Hot US Inflation data hits Gold, Silver and Crypto markets
    News