OpenAI Confidentially Files for IPO
English summary
OpenAI has confidentially submitted an S-1 registration to go public, allowing preparations without public financial disclosure. The company has not determined the listing date or share count, stating it will choose the optimal timing. In its most recent funding round in March 2026, OpenAI reportedly raised $122 billion at an $852 billion valuation, though its valuation now trails Anthropic. Together with SpaceX and Anthropic, OpenAI is one of the most anticipated IPOs, with potential combined market caps of $4 trillion.
Chinese summary
OpenAI 已秘密提交 S-1 上市申请，可在不公开财务信息的情况下推进上市计划。公司尚未确定上市日期或售股数量，称将在最佳时机选择上市。在 2026 年 3 月的最近一轮融资中，OpenAI 据报道以 852 亿美元估值融资 1220 亿美元，但其估值已落后于 Anthropic。与 SpaceX 和 Anthropic 一道，OpenAI 是最受瞩目的 IPO 之一，三家潜在市值合计可达 4 万亿美元。
Key points
OpenAI has submitted a confidential IPO filing with the SEC.
OpenAI 已向美国证券交易委员会秘密提交 IPO 申请。
The filing does not yet specify the number of shares or the listing date.
申请尚未确定发行股数或上市日期。
The company states it will choose the best timing for the public offering.
公司表示将选择最佳时机上市。
In March 2026, OpenAI raised $122 billion at an $852 billion valuation in its latest funding round.
2026 年 3 月，OpenAI 以 852 亿美元估值融资 1220 亿美元。
OpenAI’s valuation has fallen behind that of its main competitor Anthropic.
OpenAI 的估值已落后于主要竞争对手 Anthropic。