US Top News and Analysis | OpenAI to confidentially file for IPO as soon as Friday: Source

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OpenAI is preparing to confidentially file a draft of its IPO prospectus as early as Friday, according to sources and CNBC. The artificial‑intelligence firm, now valued at more than $850 billion by private investors, is working with banks including Goldman Sachs and Morgan Stanley on the filing, while an OpenAI spokesperson said the company’s focus remains on execution and that it routinely evaluates strategic options. The move follows earlier reports that the company could file by the fourth quarter, and comes as rival SpaceX, recently merged with xAI, is also set to disclose its own IPO prospectus. OpenAI’s rapid growth—fuelled by the 2022 launch of ChatGPT and backed by over $180 billion in investment—has positioned it among the world’s most valuable private firms, though it now faces increasing competition from peers such as Anthropic.

Read more: https://www.cnbc.com/2026/05/20/openai-ipo-filing.html

#OpenAI #GoldmanSachs #MorganStanley #SarahFriar #SamAltman

Observer | OpenAI CFO Sarah Friar and Anthropic’s Krishna Rao Are Racing For Compute Power by Alexandra Tremayne-Pengelly

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OpenAI CFO Sarah Friar and Anthropic CFO Krishna Rao, each about two years into their roles, are locked in a high‑stakes competition to secure the compute power needed for their companies’ rapid AI expansion. Both executives spend a large portion of their time negotiating chip deals—Anthropic relies on Nvidia GPUs, Google TPUs and Amazon’s Tranium, while OpenAI mixes Nvidia, AMD, Amazon, Broadcom‑built hardware and Cerebras systems—and balancing the risk of over‑investing in infrastructure against the danger of undersupplying customer demand. This capital‑intensive push has spurred massive fundraising: Anthropic closed a $750 million round at a $15 billion valuation and is eyeing a $30 billion raise that could value it near $900 billion, while OpenAI recently secured a twelve‑figure infusion and remains open to more capital. Revenues are soaring, with Anthropic’s run‑rate hitting $30 billion in April and OpenAI reporting $24 billion in annualized revenue, and both firms are planning high‑profile IPOs—Anthropic possibly by year‑end and OpenAI in the second half of 2026—underscoring compute as the key competitive advantage in the AI race.

Read more: https://observer.com/2026/05/openai-anthropic-cfos-ai-compute/

#OpenAI #Anthropic #Nvidia #artificialintelligence #SarahFriar #KrishnaRao

OpenAI may not be able to IPO in 2026

https://fed.brid.gy/r/https://pivot-to-ai.com/2026/05/08/openai-may-not-be-able-to-ipo-in-2026/

US Top News and Analysis | Asia-Pacific markets open mixed after OPEC shock, tech jitters drag Wall Street lower

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Asian‑Pacific markets were mixed on Wednesday after U.S. stocks fell overnight, weighed down by an OPEC‑related shock and a report that OpenAI’s revenue and user‑growth fell short of its own targets, prompting CFO Sarah Friar’s warning that the AI firm might struggle to pay its computing contracts. The United Arab Emirates’ slated exit from OPEC on May 1 added to oil‑market uncertainty. South Korea’s Kospi slipped 0.39% (Kosdaq flat), Australia’s S&P/ASX 200 fell 0.28%, Hong Kong’s Hang Seng rose 1.2% while China’s CSI 300 dropped 0.26%; Japan was closed for a holiday. U.S. futures ticked modestly higher, but the S&P 500, Nasdaq Composite, and Dow Jones all ended lower (‑0.49%, ‑0.9%, and ‑0.05% respectively) as investors await earnings from several “Magnificent Seven” stocks and the possible final policy meeting of Fed Chair Jerome Powell.

Read more: https://www.cnbc.com/2026/04/29/asia-markets-nikkei-225-kospi-hang-seng-index.html

#UAE #OPEC #WallStreet #OpenAI #FederalReserve #SarahFriar #JeromePowell

qwant news | Q&A with Sam Altman and AWS CEO Matt Garman about OpenAI's new partnership with AWS, Bedrock Managed Agents, Trainium chips, and more

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OpenAI has reportedly failed to meet its internal goals, falling short of the target of 1 billion weekly active ChatGPT users by the end of 2025 and missing several monthly revenue targets in early 2026; this shortfall has prompted the company’s CFO and board to question the wisdom of its massive data‑center investments amid a slowdown in growth.

Read more: https://www.techmeme.com/260428/p34

#SamAltman #OpenAI #AWS #Nvidia #Anthropic #SarahFriar

US Top News and Analysis | A good investing lesson on parabolic stock moves in Tuesday's market downswing

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In Tuesday’s market downturn, CNBC’s Investing Club highlighted how the recent pull‑back from record highs was driven by a Wall Street Journal story that OpenAI missed its revenue and user‑growth targets, sparking fears that the AI firm might lack funds for its compute commitments—a concern the company quickly refuted, noting it has raised over $122 billion recently and is reallocating resources like shutting down its Sora text‑to‑video app; with a global compute shortage and strong earnings expected from Amazon, Alphabet, Microsoft and Meta, sentiment could rebound, but the rapid sell‑off of stocks that surged on AI hype serves as a cautionary lesson that parabolic moves merit taking profits rather than chasing, while investors also await earnings reports from firms such as Starbucks, Robinhood, Visa and others, and watch for Jerome Powell’s final FOMC press conference later in the day.

Read more: https://www.cnbc.com/2026/04/28/a-good-investing-lesson-on-parabolic-stock-moves-in-tuesdays-downswing.html

#OpenAI #SarahFriar #SamAltman #JimCramer #CNBC #JeromePowell

US Top News and Analysis | OpenAI brings its models to Amazon's cloud after ending exclusivity with Microsoft

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OpenAI announced that its generative‑AI models will be available on Amazon Web Services through the Amazon Bedrock platform, enabling AWS customers to experiment with the models and OpenAI’s Codex coding agent; the rollout will become generally available in the coming weeks. The move follows a revision of OpenAI’s long‑standing partnership with Microsoft, now allowing the company to run its products on any cloud and to cap revenue‑share payments. In a recorded message delivered from a courtroom in Oakland, CEO Sam Altman expressed enthusiasm for the new AWS collaboration and thanked AWS leader Matt Garman. The announcement also introduced “Amazon Bedrock Managed Agents,” which let developers build customized agents that retain memory of prior interactions. Earlier in the year, OpenAI secured a $38 billion commitment from AWS and later expanded the partnership with a $50 billion investment, including use of AWS’s custom Trainium chips for AI model training.

Read more: https://www.cnbc.com/2026/04/28/openai-brings-models-to-aws-after-ending-exclusivity-with-microsoft.html

#OpenAI #AWS #MattGarman #SamAltman #SarahFriar

US Top News and Analysis | Cramer says the OpenAI-driven pullback proves recent rally was overheated

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Jim Cramer observed that a Wall Street Journal story claiming OpenAI missed internal targets for user growth and revenue sparked a sharp sell‑off in AI‑related stocks, underscoring the fragility of the recent AI‑driven rally. He said the market’s reaction showed how “ridiculous” the rise had become—“anything could’ve knocked them down, even a feather”—and noted that chipmakers and data‑center suppliers fell sharply as investors questioned whether OpenAI could sustain its heavy spending on computing power. While the report prompted OpenAI’s CFO Sarah Friar to warn of funding pressures if revenue growth stalled, the company dismissed the story as “ridiculous” and affirmed its commitment to buying compute. Cramer, who has warned repeatedly about parabolic moves in the AI sector, called the pullback a needed‑cool‑down, likening the current hype to the speculative excesses that preceded the 2000 dot‑com bubble, and said he remained confident in OpenAI’s long‑term outlook after its record‑breaking $122 billion funding round.

Read more: https://www.cnbc.com/2026/04/28/jim-cramer-reacts-to-wsj-openai-report.html

#JimCramer #OpenAI #SarahFriar #

US Top News and Analysis | OpenAI's revenue, growth estimates fall short as company races toward IPO: Report

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OpenAI’s internal revenue and user‑growth forecasts have missed their own targets, prompting doubts about the startup’s ability to finance the massive data‑center and compute expansion it needs ahead of a highly anticipated IPO later this year. Finance chief Sarah Friar warned that continued slowdown could jeopardize future compute agreements, leading the board to scrutinize spending while executives work to curb costs. Despite these concerns, CEO Sam Altman and Friar affirmed their commitment to purchasing as much compute as possible. The news sent shares of chipmakers and tech partners, including Oracle, tumbling, and highlighted the scale of recent deals—Oracle’s $300 billion five‑year compute pact, Nvidia’s multi‑billion commitments, Amazon’s expanded $38 billion agreement, and a restructuring of Microsoft’s partnership that caps revenue‑share payments and ends Microsoft’s exclusive IP license.

Read more: https://www.cnbc.com/2026/04/28/openais-revenue-growth-estimates-fall-short-report.html

#OpenAI #WallStreet #SarahFriar #SamAltman

OpenAI IPO proceeds — even as CFO says the company is ‘not ready’

https://fed.brid.gy/r/https://pivot-to-ai.com/2026/04/08/openai-ipo-proceeds-even-as-cfo-says-the-company-is-not-ready/