OpenAI IPO Increasingly Unlikely; Databricks IPO Suddenly on the Table

OpenAI 'no IPO by end 2026' jumped 4 pts to 66%, reflecting growing belief the $300B+ company stays private. In contrast, Databricks 'no IPO' crashed an astonishing 43 points, suggesting sudden market conviction that the data/AI company is preparing to go public. The IPO market is bifurcating between AI winners and everyone else.