Post #3205751
2026-06-08 23:27 UTC
3 weeks after the “as soon as Friday” news, OpenAI has followed Anthropic and confidentiality filed their draft S-1. But they sure don’t sound confident about it. Whole post in full (sans legal fine print):
We recently submitted a confidential S-1. We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.
May, likely, if… Those are some weight-bearing subjunctive clauses.
Replies (2)
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@GamingChairModel@lemmy.world 2026-06-09 01:01
Don’t they have their CFO not even reporting directly to be CEO? I would bet that there’s a ton of internal dissent about timing and strategy of how to cash out.
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@sailor_sega_saturn@awful.systems 2026-06-09 01:53
Wait why would they expect it to leak? (assuming that pre-leaking it isn’t just some marketing stunt, which it probably is)