Sam Altman Tells Staff a New Model Codenamed '5.6' Ships This Month — Plus a $687.69/Share Tender Offer Ahead of IPO
Crypto Briefing (reporting The Information)·high signal
Per The Information (June 10), Chief Scientist Jakub Pachocki told OpenAI staff a new model codenamed 5.6 will be a 'meaningful improvement' over GPT-5.5 and is expected this month, while Altman said a tender offer at the current $687.69/share price is coming 'very soon.' OpenAI cited 900M+ weekly ChatGPT users and ~$2B in monthly revenue before its confidential S-1 filing, with Altman framing the early submission as optionality to accelerate or delay a listing within a year. The concrete 5.6 codename, ship window, and share price are new data beyond the previously reported superapp/IPO narrative.