Investors hoping to buy a slice of OpenAI on the public market may have to keep waiting. A veteran journalist named Faber argues that an initial public offering for the ChatGPT maker is unlikely to arrive anytime soon, according to a report from 24/7 Wall St.
The reasoning comes down to two things: appetite and readiness. Faber says OpenAI chief executive Sam Altman has shown no urgency about taking the company public. Just as important, Faber notes that neither OpenAI nor its rival Anthropic has built out the kind of compliance teams that a stock market listing requires.
That second point is the crux of the story. Going public is not simply a matter of selling shares. Listed companies must meet strict reporting, auditing, and regulatory standards, which means assembling sizable internal teams to handle financial disclosures and oversight. According to the reporting, that infrastructure does not yet appear to be in place at either leading AI lab.
The coverage also touches on the scale of the AI business, noting that Anthropic's 2026 revenue run-rate has been climbing sharply, a sign of how fast money is now flowing through the sector even without public listings.
Why it matters: An OpenAI IPO would be one of the most closely watched stock debuts in years, giving ordinary investors a direct stake in the AI boom, so signs that it remains distant tell us the industry's biggest names are still building the basic plumbing of a public company rather than rushing to cash in.