Research

AI IPO Timeline Tracker 2026

Calendar tracker of expected AI lab IPO milestones: Anthropic October 2026 target, OpenAI late-2026 or 2027 window, plus xAI, Mistral, Cohere, Databricks, Perplexity, Together AI windows.

By Ramanath, CTO & Co-Founder at Presenc AI · Last updated: June 2026

This page consolidates the publicly-reported and analyst-implied IPO timeline milestones for every major AI lab as of June 10, 2026. Updated monthly as new reporting surfaces. The calendar focuses on S-1 filing target windows, roadshow windows, listing target dates, and lockup expiry dates. Individual entity tracker pages cover deeper context for each lab.

Q3 2026 expected milestones

Date windowLabMilestoneSource
July-August 2026AnthropicConfidential S-1 filing (target)The Information
August-September 2026OpenAIS-1 preparation ongoing, no fixed targetReuters
September 2026AnthropicRoadshow (target)Bloomberg
Indeterminate 2026DatabricksContinued IPO speculation, no confirmed timelineWSJ
Indeterminate 2026MistralEuropean listing speculation, no confirmed timelineLes Echos

Q4 2026 expected milestones

Date windowLabMilestoneSource
October 2026AnthropicListing date (target)Wall Street Journal
Q4 2026 or Q1 2027OpenAIListing window (most-reported)Multiple sources
IndeterminatePerplexityIPO speculation, no confirmed timelineThe Information
IndeterminateCohereTSX or Nasdaq speculation, no confirmed timelineCanadian Press

2027 expected milestones

Date windowLabMilestoneSource
April 2027AnthropicLockup expiry (typical 180-day post-listing)Convention
H1 2027OpenAIListing window (alternate scenario)Multiple sources
H2 2027xAIEarliest plausible IPO window (no commitment)Speculative
IndeterminateTogether AI, Mistral, Cohere, PerplexityContinued speculationVarious

How to use this tracker

The tracker is updated monthly through the listing windows. Brand teams should align content publication calendars with the expected milestone cadence: pre-positioning content 90+ days ahead of S-1 filing windows, event-driven content during roadshow windows, and post-listing analysis content during the immediate post-listing news cycle.

For per-entity context, see Anthropic IPO Tracker, OpenAI IPO Watch, xAI IPO Watch, Mistral IPO Watch, Cohere IPO Watch, Databricks IPO Watch, Perplexity IPO Watch, and Together AI IPO Watch.

Frequently Asked Questions

Anthropic's reported target listing date is October 2026, which would make it the first major AI lab IPO. The target is a stated aspiration, not a filed date, and depends on macro conditions and the resolution of pending litigation.
Probably not based on May-June 2026 reporting. Anthropic has named an October 2026 target; OpenAI's most-reported window is later in 2026 or 2027. Either schedule can change.
OpenAI is the most-valued AI lab and would likely be the largest IPO by absolute proceeds. Anthropic's implied secondary-market valuation approaches OpenAI's, which would make the two IPOs comparable in scale at full pricing.
Updated monthly as new reporting surfaces. Individual entity tracker pages are updated more frequently as material news breaks for specific labs.

Track Your AI Visibility

See how your brand appears across ChatGPT, Claude, Perplexity, and other AI platforms. Start monitoring today.