According to a report from The Wall Street Journal, OpenAI could file for an IPO as soon as this week. The company is working with Goldman Sachs and Morgan Stanley on the IPO, which is widely expected to be one of the largest ever. OpenAI is racing against rival Anthropic to be the first startup of the current generative-AI boom to go public.
OpenAI is targeting an IPO as soon as September, per the report.
At Google’s I/O developer conference, the company announced a bevy of new products, but none of it helped the stock one bit.
Tesla is planning to build its solar panel manufacturing plant — an endeavor that could add up to $50 billion in value to its energy business — near Houston, Texas, Electrek reports. The plant would be located on the same site as its Megafactory, which builds Megapack battery systems.
The solar plant is part of Tesla and SpaceX’s goal of eventually putting solar-powered data centers in space.
On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”
At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.
On the company’s fourth-quarter earnings call, CEO Elon Musk said Tesla was “going to work towards getting 100 gigawatts a year of solar cell production, integrating across the entire supply chain from raw materials all the way to finished solar panels.”
At the time, the news had sent shares of First Solar down, but subsequent reports suggest Tesla is unlikely to compete directly with the country’s leading photovoltaic panel maker, instead using much of that production internally.
Andrej Karpathy — a founding member of OpenAI, Tesla’s director of AI from 2017 to 2022, and the man responsible for the term “vibe coding” — is doing what many in tech are doing right now: heading to greener pastures at Anthropic.
Anthropic, which is slated to go public this year, recently raised money at a $950 billion valuation, making it more valuable than OpenAI and nearly as valuable as Tesla.
Personal update: I've joined Anthropic. I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D. I remain deeply passionate about education and plan to resume my work on it in time.
— Andrej Karpathy (@karpathy) May 19, 2026
