← July 10, 2026 briefing
OpenAI loses No. 2 executive as IPO looms
Tech

OpenAI loses No. 2 executive as IPO looms

Fidji Simo, OpenAI's CEO of AGI Deployment and the company's second-most senior executive, has stepped down after medical leave stretched longer than expected. The departure creates a leadership gap at a particularly fraught moment, with OpenAI eyeing a potential IPO and competing hard against Anthropic for enterprise customers.

MarketIPOs before 2027?
Discord IPO before 2027?44% chance
Sources

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