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  • Forecast When Anthropic and OpenAI Will IPO
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FutureSearchby futuresearch
by futuresearch

Forecast When Anthropic and OpenAI Will IPO

Use FutureSearch's date-mode forecaster to predict when each lab will go public, with calibrated p10 and p90 timing intervals. The forecaster returns a probabilistic distribution per row from recent reporting on banker engagements, S-1 timing norms, and statements from leadership.

MetricValue
Rows processed2
Forecast typedate, high effort
Total cost$2.40
Time~10 minutes

Add FutureSearch to Claude Code if you haven't already:

claude mcp add futuresearch --scope project --transport http https://mcp.futuresearch.ai/mcp

Then ask Claude:

Forecast when Anthropic and OpenAI will IPO. Use date-mode forecasting at high
effort. For each company, the resolution criterion is the date of the first day
of public trading on a major US exchange. If you think there's a meaningful
chance they don't IPO within 3 years, the output should reflect that.

Claude calls FutureSearch's forecast MCP tool in date mode:

Tool: futuresearch_forecast
├─ data: [{"company": "Anthropic", "question": "When will Anthropic IPO?", ...},
│         {"company": "OpenAI", "question": "When will OpenAI IPO?", ...}]
├─ forecast_type: "date"
├─ output_field: "ipo_date"
└─ effort_level: "HIGH"

→ Submitted: 2 rows for forecasting.
  Session: https://futuresearch.ai/sessions/9c8b4e21-3f7a-4d2c-b1e9-5a4c8f0d2e93
  Task ID: 9c8b...

Tool: futuresearch_progress
├─ task_id: "9c8b..."
→ Running: 0/2 complete, 2 running (45s elapsed)

...

Tool: futuresearch_progress
→ Completed: 2/2 (0 failed) in 612s.

Tool: futuresearch_results
├─ task_id: "9c8b..."
├─ output_path: "/Users/you/ipo_forecasts.csv"
→ Saved 2 rows to /Users/you/ipo_forecasts.csv

View the session. See the companion guide for more on date-mode forecasting.

Add the FutureSearch connector if you haven't already. Then ask Claude:

Forecast when Anthropic and OpenAI will IPO. Use date-mode forecasting at high effort. For each, the resolution criterion is the first day of public trading on a major US exchange. If there's a meaningful chance they don't IPO within 3 years, reflect that in the distribution.

Results take about 10 minutes.

Go to futuresearch.ai/app and enter:

Forecast when Anthropic and OpenAI will IPO. Use date-mode forecasting at high effort. For each, the resolution criterion is the first day of public trading on a major US exchange. If there's a meaningful chance they don't IPO within 3 years, reflect that in the distribution.

Date-mode forecasting returns p10/p50/p90 columns as YYYY-MM-DD strings. The literal string "never" may appear when the model assigns meaningful probability to the event not occurring within the resolution window.

pip install futuresearch
export FUTURESEARCH_API_KEY=your_key_here  # Get one at futuresearch.ai/app/api-key
import asyncio
import pandas as pd
from futuresearch import create_session
from futuresearch.ops import forecast

questions_df = pd.DataFrame([
    {
        "company": "Anthropic",
        "question": "When will Anthropic IPO?",
        "resolution_criteria": (
            "The date of Anthropic's first day of public trading on a major US "
            "exchange (NYSE or Nasdaq). Resolves 'never' if Anthropic does not "
            "IPO within 3 years of the forecast date."
        ),
    },
    {
        "company": "OpenAI",
        "question": "When will OpenAI IPO?",
        "resolution_criteria": (
            "The date of OpenAI's first day of public trading on a major US "
            "exchange (NYSE or Nasdaq). Resolves 'never' if OpenAI does not "
            "IPO within 3 years of the forecast date."
        ),
    },
])

async def main():
    async with create_session(name="AI Lab IPO Date Forecasts") as session:
        result = await forecast(
            session=session,
            input=questions_df,
            forecast_type="date",
            output_field="ipo_date",
            effort_level="HIGH",
        )
        return result.data

results = asyncio.run(main())
print(results[["company", "ipo_date_p10", "ipo_date_p50", "ipo_date_p90"]])

Results

Anthropic is forecast to list first, with a median around March 2027. OpenAI lags by about two months, with a median around May 2027. Both labs carry a >10% probability of not IPOing within the 3-year window, captured by "never" in the p90 tail.

Companyp10p50 (median)p90
Anthropic2026-08-152027-03-12never
OpenAI2026-11-022027-05-21never

The forecast reasoning cites Anthropic's late-2025 engagement of Wilson Sonsini and discussions with JPMorgan, Goldman, and Morgan Stanley as evidence of a 2027 listing. Bank engagement to IPO typically takes 6 to 9 months, then underwriters, S-1, then listing. For OpenAI, CFO Sarah Friar has publicly guided toward a 2027 listing, and the recent Public Benefit Corporation transition removes a structural blocker. The fat right tail in both rows reflects a real chance that abundant private capital removes the main motivation to list at all.

Going deeper

  • Long-form analysis: Anthropic and OpenAI IPO timelines and valuations
  • Companion guide: Turn Claude into a forecaster