● Anthropic IPO — listing reported for October 2026
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PRE-IPO · Foundation Models

OpenAI — The Most Watched Pre-IPO in the World

ChatGPT made AI a household word. When the S-1 lands, this is the book every desk on the street will be trying to get into.

Ticker
$OPENAI
Latest price
$260 (secondary)
Valuation
$500B
YTD return
+94%
Window
H1 2027 (rumoured)
Backers
Microsoft, Thrive, Sequoia
Learn More
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// INVESTMENT THESIS

Why OpenAI matters

Point 1

ChatGPT has become the default consumer AI product with hundreds of millions of weekly users.

Point 2

API + Enterprise revenue scaling faster than any SaaS in history.

Point 3

Microsoft partnership extends distribution across Office and Azure accounts.

The bull case

OpenAI is the AI Google — the query layer for the next decade of computing.

The risk

Governance, safety incidents and Microsoft dependency remain material.

// NEXT STEPS

Get the free OpenAI investor guide

  • Priority access to the OpenAI pre-IPO briefing
  • List of brokers offering the IPO in the US, UK, EU and AU
  • Alert the moment the S-1 lands or the book opens
  • Analyst thesis, valuation model and comparable listings
register_interest.sh
// Free investor guide

Get our free guide, learn about the OpenAI IPO and many more!

See our privacy policy.

// Disclosures

Sourcing, risk and independence

Data sourcing
Figures as of August 2026. Source: Forge Global secondary marks, Yahoo Finance and public reporting. Pre-IPO prices, valuations and listing dates are unconfirmed estimates from secondary-market and press reporting, not company-confirmed figures. They can change at any time.
Risk
IPO and pre-IPO investing puts your capital at risk and you may lose everything you invest. Reported dates, prices and allocations can change or never happen. Nothing here is investment advice — see our full disclaimer.
Independence
Upcoming-AI.com is an independent publication and is not affiliated with, endorsed by, or connected to OpenAI. All company and product names are trademarks of their owners, used for editorial identification only.