OpenAI confidential S-1 filing

Category: Markets
Status: confirmed
Sources: OpenAI announcement
Summary: OpenAI submitted a confidential Form S-1 to the SEC on 2026-06-08 at a last-round valuation of $852B. The company stated it has not decided on IPO timing. Goldman Sachs and Morgan Stanley are advising on the offering.
Why it matters: OpenAI moving toward public markets creates additional pressure on enterprise AI governance and vendor lock-in evaluation.