OpenAI weighs price cuts and super‑app overhaul ahead of IPO

OpenAI has confidentially filed for an initial public offering, targeting a valuation that could top $1 trillion, though a timeline has not been set. At the same time the company is evaluating substantial reductions to the token prices it charges for its AI services, a move aimed at retaining and expanding its enterprise customer base as rival Anthropic, which also filed for an IPO and recently raised $65 billion at a $965 billion valuation, pushes ahead with its own pricing strategy. The proposed discounts would primarily affect B2B users who integrate AI via APIs, where high usage fees have become a barrier.

OpenAI’s cash burn remains large, with profitability not expected until around 2030, and its operational costs are estimated to be many times higher than Anthropic’s. To improve revenue prospects before going public, OpenAI plans to transform ChatGPT into a “super‑app,” merging coding tools, AI agents and third‑party services into a single platform with tiered free and paid features. This product revamp is intended to boost enterprise adoption and demonstrate a clear path to earnings for investors.

Anthropic and OpenAI together anticipate spending roughly $65 billion on computing and training in 2026, underscoring the intensity of the competition for dominance in the enterprise AI market ahead of their public listings.