OpenAI files for IPO at $852B
Filed for IPO at $852B following Anthropic's confidential S-1 on 6/2; WSJ says OpenAI is weighing major API price cuts to slow enterprise defections.
For the past year both labs priced API access mainly through private enterprise contracts, with no public list pricing pressure.
API-heavy businesses may see lower costs soon. But a pre-IPO price war compresses both labs' margin forecasts.