Wall Street investment banks predict that IPOs of large model companies such as OpenAI will be postponed until the first half of 2027

According to a report by 21 Finance, Wall Street investment banks generally believe that due to the decline in market risk appetite and uncertainty in the liquidity environment, the IPO of large model companies originally scheduled to start in the second half of 2026 may be postponed to the first half of 2027. OpenAI CEO Sam Ultraman rejected the advisory team's proposal to lower the price to ensure listing, reiterating that a trillion dollar market value is the bottom line. Anthropic's valuation reached $965 billion after completing financing at the end of May, putting pricing pressure on OpenAI.