OpenAI Files Confidentially for IPO Amid Executive Shake-Up and $7B Tender Offer

OpenAI has confidentially filed with the SEC for a potential IPO and completed a $7 billion employee tender offer, both disclosed the week of August 13, 2026. The milestones land alongside the departure of three senior executives — the CRO, COO, and AGI deployment CEO — creating leadership turnover at the precise moment a company preparing for public markets would seek stability.