OpenAI could release GPT-5.6 this month as a meaningful upgrade over its current flagship, while signaling a public listing may arrive within the next year. Chief scientist Jakub Pachocki described the model as a meaningful improvement over GPT-5.5, which the company shipped in April. The company confidentially filed for an initial public offering with the SEC on Monday, and chief executive Sam Altman told staff he expects a debut within the next year, not this one. He cautioned that fast progress toward recursive self-improvement could give the firm reasons to stay private. OpenAI counts more than 900 million weekly ChatGPT users and roughly $2 billion in monthly revenue. Anthropic filed its own confidential paperwork on Jun. 1 and is widely expected to reach the market this year. OpenAI is lining up a tender offer that prices staff shares at $687.69 each. OpenAI's last private round in March valued the company near $852 billion, and it had once eyed a Wall Street debut as soon as September. The firm projected about $20 billion in annualized revenue heading into the filing.