Jim Cramer said Monday he believes OpenAI may be preparing to go public soon, while warning that investor capital could become stretched amid growing demand for exposure to leading artificial intelligence companies.

Cramer said in a post on X that OpenAI appears ready to go public “real soon,” adding that there may not be “enough money around” to support major AI players, including OpenAI, Anthropic, SpaceX, and Alphabet’s Google.

A Future IPO, On OpenAI’s Terms

Cramer’s comments came as Anthropic moved closer to a potential IPO through a confidential SEC filing, weeks after the AI startup raised $65 billion in a Series H round that valued it at $965 billion and made it the world’s most valuable startup.

OpenAI CEO Sam Altman, meanwhile, said in a recent interview with CNBC’s David Faber that the ChatGPT maker could eventually become a public company, though management is not focused on the timing of a potential listing.

“… you know, going public is a financing event, and I don't think that's one that we're focused on the timing of. We'll do it when we think it makes sense,” Altman said.