The lab that put generative AI in front of hundreds of millions of people.
OpenAI reshaped how ordinary people interact with software. Weekly ChatGPT usage is counted in the hundreds of millions, and Microsoft's investment and Azure partnership sit underneath much of its compute. Nothing about a listing has been confirmed, but the company is the reference point every other AI valuation is argued against.
Figures above are drawn from press reporting and secondary-market pricing — the same numbers institutional desks are working from right now.
We'll email you our written note on OpenAI and let you know when something verifiable changes. No allocations, no brokerage, no pressure.
Written for Australian and New Zealand readers. We send the note, then updates only when something verifiable changes.
Anthropic builds Claude and sells it almost entirely to enterprise. Reporting suggests an S-1 is already with the SEC, which puts a 2026 float firmly on the table for local investors watching from Sydney and Melbourne.
Databricks merged the data lake and the warehouse into one platform. Boring on the surface, and precisely why so many large organisations run their AI workloads on it.
Stripe has stayed private far longer than most expected. When that changes, it would rank among the largest fintech listings on record.
Ripple runs the XRP Ledger and a stablecoin aimed squarely at institutions moving money between countries — a problem Australian businesses know well.
Voice, video and text built around communities rather than followers. Discord's subscription business has turned that habit into recurring revenue.
Palo Alto Networks is the rare name on this list you can already buy through a normal brokerage account. It sells firewalls, cloud security and detection tooling to large organisations.
Plain English, sourced where we can source it, honest about what nobody knows yet.