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OpenAI CFO Says Company Plans IPO in 2027

8/20/2026

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Summary

Story summary

CFO Sarah Friar told employees that OpenAI plans an IPO in 2027, sooner.
OpenAI filed its IPO prospectus with the SEC in June without a debut date.
OpenAI raised $122 billion in March and posted revenue of $6.7 billion, an 18% rise.
Friar said Anthropic filed a confidential prospectus and may disclose it in September.
Anthropic’s revenue run rate hit $65 billion at July’s end, a sevenfold increase, with Q2 revenue of $11.5 billion.

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Story summary

CFO Sarah Friar told employees that OpenAI plans an IPO in 2027, sooner.
OpenAI filed its IPO prospectus with the SEC in June without a debut date.
OpenAI raised $122 billion in March and posted revenue of $6.7 billion, an 18% rise.
Friar said Anthropic filed a confidential prospectus and may disclose it in September.
Anthropic’s revenue run rate hit $65 billion at July’s end, a sevenfold increase, with Q2 revenue of $11.5 billion.