Sources say OpenAI may postpone its IPO until next year.

According to sources familiar with the matter, OpenAI may postpone its IPO plans until next year. Previously, OpenAI hoped to complete its IPO before Anthropic. A week after Anthropic filed for listing, OpenAI also submitted its filing, but has not yet determined a specific timetable, stating that "it's too early to go public" because some strategic goals are easier to pursue as a private company. Furthermore, several sources indicated that in recent months, some of OpenAI's major investors have privately expressed concerns that the company's cash flow is too rapid, and revenue growth is not keeping pace with expenditures. Other investors are choosing to diversify their risk while simultaneously investing in Anthropic.