# AI IPOs 2026: Which AI Companies Are Going Public > Anthropic and OpenAI have filed confidential draft S-1s and Unitree just got approved for a ~$619M Shanghai listing. Here's every confirmed and rumored AI IPO in 2026, tracked and updated. _[Wortins Blog](https://www.wortins.com/blog) · Published Wednesday, July 8, 2026_ **No major frontier AI lab has actually gone public yet in 2026 — but the paperwork has started.** Anthropic and OpenAI have both confirmed filing confidential draft S-1s with the SEC, and Chinese robotics maker Unitree just won regulatory approval for a roughly $619 million Shanghai listing. Beyond that, most of what you'll read about "AI IPOs 2026" is sourcing, speculation, and SPAC structuring — not scheduled listings. Here's what's actually confirmed, what's reported, and what's still just rumor. ## AI IPO tracker: confirmed and reported deals | Company | Status | Expected size/valuation | Exchange | What they do | |---|---|---|---|---| | **Anthropic** | Confidential S-1 filed (~Jun 1, 2026); no date/price set | Not disclosed; private valuation in the hundreds of billions | Likely U.S. (exchange TBD) | Frontier AI lab, maker of Claude | | **OpenAI** | Confidential S-1 filed (~May 2026); no date/price set | Not disclosed; private valuation in the hundreds of billions | Likely U.S. (exchange TBD) | Frontier AI lab, maker of ChatGPT and GPT models | | **Unitree** | CSRC-approved (Jul 3, 2026); debut expected late Jul 2026 | ~$619M raise | Shanghai STAR Market | Chinese humanoid and quadruped robot maker | | Bending Spoons | Already debuted | ~$18B valuation | Nasdaq | Consumer app holding company (AI-driven product suite) | | Agility Robotics | Going public via SPAC (Churchill Capital) | ~$2.5B | U.S. (SPAC merger) | Humanoid robotics for warehouses/logistics | *This is a living tracker — we'll update it as filings, pricing, and dates firm up.* ## Anthropic: confidential S-1 filed, nothing else set Anthropic confirmed in early June 2026 that it filed a **confidential draft S-1** with the SEC. That's a real, documented step — but it's also the most preliminary one. A confidential filing lets the SEC begin reviewing a company's financials privately before anything is made public, and companies sometimes sit in that process for months (or shelve it entirely) before an actual listing date, price range, or ticker gets announced. Anthropic hasn't disclosed a timeline for going effective, hasn't picked an exchange, and hasn't given any indication of share pricing. Given how fast this is moving, we've built a dedicated, continuously updated page: **[Anthropic IPO](/blog/anthropic-ipo)**. ## OpenAI: confidential S-1, plus a reported government-stake idea OpenAI confirmed its own confidential S-1 filing around May 2026, reportedly working with **Goldman Sachs and Morgan Stanley** as bankers. Separately — and this part is *reported*, not confirmed by OpenAI itself — there have been reports that OpenAI has discussed giving the **U.S. government a stake of roughly 5%** as part of its path to going public. That detail hasn't been confirmed on the record by OpenAI, so treat it as a reported data point rather than settled fact. As with Anthropic, no date, price range, or exchange has been announced yet. Full tracking on **[OpenAI IPO](/blog/openai-ipo)**. ## Unitree: the one AI-adjacent IPO that's actually close Of everything on this list, Unitree is the furthest along. The Chinese robot maker — known for its humanoid and quadruped robots — won approval from China's securities regulator (the CSRC) on July 3, 2026 for a Shanghai STAR Market listing worth roughly **$619 million**. Unitree's debut is expected in late July 2026, though exact pricing and the final trading date weren't set as of approval. Unitree isn't a foundation-model lab — it's a hardware company that uses AI for locomotion and control — but it's one of the clearest signals that AI-adjacent IPOs are actually clearing regulatory hurdles somewhere in the world, even while the big U.S. labs are still in the confidential-filing stage. Details at **[Unitree IPO](/blog/unitree-ipo)**. ## The others: already public or going public via SPAC Two more names come up constantly in "AI IPO" searches, though neither fits the classic S-1-to-Nasdaq-debut pattern: - **Bending Spoons** has already completed its Nasdaq debut, landing around an **$18 billion valuation**. It's a consumer app holding company that leans heavily on AI-driven product development rather than being a pure-play AI lab. - **Agility Robotics** is taking the SPAC route, merging with **Churchill Capital** in a deal valuing the humanoid-robotics company at roughly **$2.5 billion**. SPAC mergers move faster and differently than traditional IPOs, and terms can shift before the deal closes. Both are tracked, along with every other AI raise and deal we cover, in Wortins' funding coverage. ## Why the AI IPO wave is starting now A few forces are converging in mid-2026 to push AI companies toward public markets after years of staying private on massive venture rounds: 1. **Private valuations have gotten too large to ignore.** When a company's private valuation reaches the hundreds of billions, the pool of investors who can write checks that size shrinks. Public markets open up a much deeper capital base — useful when the compute buildout ahead is measured in tens of billions of dollars a year. For a sense of how large recent private rounds have already gotten, see our roundup of the **[biggest AI funding rounds of 2026](/blog/biggest-ai-funding-rounds-2026)**. 2. **Early investors and employees want liquidity.** Years of stock-heavy compensation and VC money tied up in paper valuations creates pressure to create an actual market for those shares. 3. **Compute costs are enormous and recurring.** Training and running frontier models isn't a one-time capital expense — it's an ongoing, escalating cost. Public markets offer a repeatable way to raise money (secondary offerings, debt issuance against public equity) that private rounds don't. 4. **Regulatory and competitive signaling.** Filing an S-1, even confidentially, is itself a signal — to competitors, to regulators, to talent — that a company sees itself as durable enough for public-market scrutiny. None of that guarantees smooth sailing. Confidential S-1s get withdrawn. SPAC mergers fall apart. Market conditions between now and any actual pricing can shift the calculus entirely. Given the pace of change here, treat every date and figure on this page as current as of publication, not guaranteed — and check back, since we're updating this tracker as things move. ## FAQ **Which AI companies have confirmed IPO plans in 2026?** Anthropic and OpenAI have both confirmed filing confidential draft S-1s with the SEC, and Unitree has won regulatory approval for a Shanghai STAR Market listing. None of the three has set a public date, price range, or ticker yet. **Has Anthropic filed for an IPO?** Anthropic confirmed it filed a confidential draft S-1 with the SEC around June 1, 2026. A confidential filing lets a company start the SEC review process without disclosing financials publicly, and it does not guarantee a listing will happen on any set timeline. **Has OpenAI filed for an IPO?** OpenAI confirmed it filed a confidential S-1 around May 2026, reportedly working with Goldman Sachs and Morgan Stanley. There have also been reports OpenAI discussed giving the U.S. government a stake of roughly 5%, but no IPO date or price has been set. **What is the biggest AI IPO expected in 2026?** By valuation, Anthropic and OpenAI would dwarf anything else on this list if their filings convert into actual listings — both are valued well into the hundreds of billions privately. By deal size confirmed so far, Unitree's roughly $619 million Shanghai STAR Market IPO is the largest AI IPO actually cleared for trading in 2026. --- *Tracking AI IPOs and funding? Wortins updates this page as filings move and tracks every major raise in the [AI Funding Tracker](/funding).* ## Frequently asked questions ### Which AI companies have confirmed IPO plans in 2026? Anthropic and OpenAI have both confirmed filing confidential draft S-1s with the SEC in 2026, and Unitree has won regulatory approval for a Shanghai STAR Market listing. None of the three has set a public date, price range, or ticker yet. ### Has Anthropic filed for an IPO? Anthropic confirmed it filed a confidential draft S-1 with the SEC around June 1, 2026. A confidential filing lets a company start the SEC review process without disclosing financials publicly, and it does not guarantee a listing will happen on any set timeline. ### Has OpenAI filed for an IPO? OpenAI confirmed it filed a confidential S-1 around May 2026, reportedly working with Goldman Sachs and Morgan Stanley. There have also been reports OpenAI discussed giving the U.S. government a stake of roughly 5%, but no IPO date or price has been set. ### What is the biggest AI IPO expected in 2026? By valuation, Anthropic and OpenAI would dwarf anything else on this list if their filings convert into actual listings — both are valued well into the hundreds of billions privately. By deal size confirmed so far, Unitree's roughly $619 million Shanghai STAR Market IPO is the largest AI IPO actually cleared for trading in 2026. --- _Curated and written by [Wortins](https://www.wortins.com) — The daily AI briefing. Every story links to its original source; the "Wortins read" on each is our own original analysis. [About Wortins & our editorial approach](https://www.wortins.com/about)._