{"id":73281,"date":"2026-06-14T08:53:14","date_gmt":"2026-06-14T08:53:14","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/73281\/"},"modified":"2026-06-14T08:53:14","modified_gmt":"2026-06-14T08:53:14","slug":"openai-third-player-lucky-as-the-race-gets-under-way-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/73281\/","title":{"rendered":"OpenAI: third player lucky as the race gets under way?"},"content":{"rendered":"\n

When you buy through links on our articles, Future and its syndication partners may earn a commission.<\/p>\n

\" Christian R\u00f4\u00e7as, Open AI\u2019s head of community, influencers and talent, speaking at Web Summit Rio 2026 in Rio de Janeiro. | Credit: Paul Devlin \/ Web Summit \/ Sportsfile \/Getty Images <\/p>\n

Weeks after successfully squaring up to Elon Musk in court, Sam Altman is preparing to challenge his old adversary \u201con a different plane\u201d, said Bloomberg<\/a>. Days before SpaceX\u2019s expected debut, his company OpenAI \u2013 which kicked off the AI boom with the launch of ChatGPT in 2022 \u2013 has \u201cfiled confidentially\u201d for an IPO, setting the stage for the third mega-listing this year, after SpaceX and Anthropic.<\/p>\n

Despite reportedly missing \u201ccertain internal revenue and user-growth targets\u201d and losing several key executives, OpenAI recently raised $122 billion from private investors at an $852 billion valuation. But the details of its IPO plan are being kept deliberately vague. \u201cWe have not decided on timing yet; it may be a while.\u201d<\/p>\n

In fact, OpenAI\u2019s decision to go public, potentially this autumn, \u201crests more on the outcome of SpaceX\u2019s IPO<\/a> … than on just about anything else\u201d, said Andrew Ross Sorkin in The New York Times<\/a>. It remains an open question whether there is \u201cenough investor capacity for three giant IPOs<\/a>, potentially in rapid succession\u201d \u2013 particularly as already listed giants are also tapping the market. \u201cWall Street is rushing to fund the AI bonanza in every conceivable way,\u201d said Sam Goldfarb in The Wall Street Journal<\/a>. Google parent Alphabet last week raised $85 billion; Meta is also weighing a stock offer.<\/p>\n

OpenAI might usefully streamline its sprawling product line-up before listing. Indeed, Altman and co are plotting \u201cthe biggest overhaul of ChatGPT\u201d since its launch \u2013 aiming for a \u201csuperapp\u201d that combines both coding tools and AI agents, said Cristina Criddle in the Financial Times<\/a>. The move reflects the company\u2019s \u201cgrowing conviction\u201d that \u201cthe future of AI lies not in chatbots that answer questions, but in agents that perform tasks\u201d. As one senior honcho put it: \u201cChat is dead.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"When you buy through links on our articles, Future and its syndication partners may earn a commission. Christian…\n","protected":false},"author":2,"featured_media":73282,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[18735,140,40418,8872,157,40416,28173,40417,370,658,23061],"class_list":["post-73281","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-andrew-ross-sorkin","tag-elon-musk","tag-internal-revenue","tag-open-ai","tag-openai","tag-paul-devlin","tag-private-investors","tag-rio-de-janeiro","tag-sam-altman","tag-spacex","tag-web-summit"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/73281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=73281"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/73281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/73282"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=73281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=73281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=73281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}