ChainCatcher report, according to the Wall Street Journal, OpenAI may delay its IPO until next year. Individuals involved in the discussions revealed that over the past few months, some of OpenAI’s major investors have privately expressed concerns about the startup’s rapid cash burn relative to its growth, while other investors have hedged their bets on OpenAI by investing in Anthropic. Meanwhile, Anthropic’s revenue growth and valuation have recently surpassed those of OpenAI. According to knowledgeable sources, Anthropic is accelerating its plans for an autumn IPO and has already begun meeting with potential investors, highlighting its current advantages over the maker of ChatGPT. Having initially aimed to go public before Anthropic, OpenAI now may wait until next year for its IPO.
OpenAI May Delay IPO Until Next Year Amid Investor Concerns
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Summary
OpenAI may delay its IPO until next year as investor sentiment shifts due to concerns over high cash burn. Some investors are now turning their attention to alternative AI companies like Anthropic, which is outpacing OpenAI in valuation and revenue. Anthropic plans an IPO this fall, while OpenAI has postponed its public listing to 2025.
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