# AI Giants Eye IPOs: OpenAI vs. Anthropic _Traders are betting on whether OpenAI or Anthropic will be the first to go public, with current market sentiment favoring OpenAI._ **Published:** 2026-07-26 **Source:** https://www.startuphub.ai/ai-news/prediction-markets/2026/ai-giants-eye-ipos-openai-vs-anthropic --- The race to the public markets between AI titans OpenAI and Anthropic is drawing significant attention, with traders actively placing bets on their eventual IPO timelines. According to prediction market data from [Kalshi, All Markets](https://kalshi.com/markets?digest=2026-07-26), the question of who will IPO first is attracting substantial volume. AI Giants Eye IPOsContext OpenAI and Anthropic are leading generative AI companies considering public offeringsinitiatesRace to Public MarketsDrivertraders are actively betting on which AI titan will go public firstFrom the article 4 mentionsThe race to the public markets between AI titans OpenAI and Anthropic is drawing significant attention, with traders actively placing bets on their eventual IPO timelines.Prediction Market DataCoreKalshi and All Markets are tracking significant trading volume on this questionFrom the article 2 mentionsAccording to prediction market data from Kalshi, All Markets, the question of who will IPO first is attracting substantial volume.IPO Before 2040Contextmarkets indicate high probability of either company going public within this timeframeFrom the articleMarkets show that the odds favor OpenAI or Anthropic going public before 2040.showsOpenAI FavoredOutcomecurrent market sentiment and trading volume strongly suggest OpenAI will IPO firstFrom the article 6 mentionsThe market currently favors OpenAI, with a significant majority of the trading volume suggesting an expectation that it will be the first to launch an Initial Public Offering.Broader Industry SpeculationEffectFrom the articleThis sentiment reflects broader industry speculation about the valuation and strategic paths of these leading generative AI companies.Future of AIEffectcritical question for the future trajectory and public accessibility of AI innovationFrom the articleTraders are weighing in on a critical question for the future of AI: which of these leading companies will make the leap to the public markets first? The market currently favors OpenAI, with a significant majority of the trading volume suggesting an expectation that it will be the first to launch an Initial Public Offering. This sentiment reflects broader industry speculation about the valuation and strategic paths of these leading generative AI companies. ## AI & Tech **Will OpenAI or Anthropic IPO first?** Traders are weighing in on a critical question for the future of AI: which of these leading companies will make the leap to the public markets first? The market is pricing in a strong probability that OpenAI will precede Anthropic. Markets show that the odds favor OpenAI or Anthropic going public before 2040. - **Will Open AI or Anthropic IPO first?**: This market has seen substantial activity, with 83.0% odds suggesting Anthropic will be the first to IPO, reflecting a 1.2x return. The total volume stands at $167.8K, with $208 in 24h volume and $38.6K in open interest. - **Will OpenAI or Anthropic IPO first?**: Conversely, this market indicates 22.0% odds for OpenAI to IPO first, offering a 4.5x return. It has recorded $149.8K in volume, with $2.3K in 24h volume and $41.2K in open interest. 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