This market will resolve according to the company which owns the model which has the highest arena rank based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab is checked on September 30, 2026, 12:00 PM ET.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechAI RankingsAstra
This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.
This market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.
Market capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.
If two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.
A listed company may resolve to "No" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
In the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
Climate & ScienceIPOScienceElon Musk
This market will resolve according to the company which owns the model which has the highest arena rank based off the Chatbot Arena LLM Leaderboard (https://lmarena.ai/) when the table under the "Leaderboard" tab is checked on December 31, 2026, 12:00 PM ET.
Results from the "Rank" section on the Leaderboard tab of https://lmarena.ai/leaderboard/text with the style control off will be used to resolve this market.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Google” would be ranked ahead of “xAI”). This market will resolve based on the company that occupies first place under this ranking system.
The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://lmarena.ai/. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve based on another resolution source.
TechAIGrokOpenAI
This market will resolve according to the company which owns the model which has the highest arena rank based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab is checked on October 31, 2026, 12:00 PM ET.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechAI Rankings
This market will resolve to "Yes" if Anthropic shares are listed on a public securities exchange and open for trading by 11:59 PM ET on the listed date. Otherwise, this market will resolve to "No."
If Anthropic is acquired by another company that is already public, this market will immediately resolve to "No."
The primary resolution source for this market is official filings and announcements from Anthropic and the relevant securities exchange on which the shares are listed, including SEC filings (e.g., Form S-1, Form 8-A), exchange listing confirmations, and official press releases from Anthropic; however a consensus of credible reporting may also be used.
FinanceIPOAnthropic IPOAnthropic
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
AIFinanceBig TechIPO
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
FinanceBig TechAnthropicIPO
This market will resolve according to the company that owns the model that has the highest arena rank among primarily Chinese companies, based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab is checked on September 30, 2026, 12:00 PM ET.
Chinese Companies include but are not limited to Alibaba, Moonshot, Baidu, Z.ai, Xiaomi, DeepSeek, ByteDance, MiniMax, Meituan, Tencent, and StepFun. Companies not headquartered in China or not primarily owned or operating within the Chinese technology ecosystem are not considered primarily Chinese.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Qualifying Chinese Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., if the two models are tied by exact arena score, “Meituan” would be ranked ahead of “Xiaomi”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechChinaAI Rankings
This market will resolve to "Yes" if Google's Gemini 4.0 Flash model is made available to the general public by the listed date. Otherwise, this market will resolve to "No".
For this market to resolve to "Yes," Gemini 4.0 must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must be clearly defined and publicly announced by Google as being accessible to the general public.
Gemini 4.0 refers to a product explicitly named Gemini 4.0 or one that is recognized as a successor to Gemini 3 similar to the progression from Gemini 2.0 to Gemini 3. Products labeled as Gemini 3.0 Flash, Gemini 2.5, or similar will not count for this market's resolution.
The primary resolution source for this market will be official information from Google, with additional verification from a consensus of credible reporting.
GeminiAI ReleasesGemini 3Tech
This market will resolve to "Yes" if OpenAI or an official representative of the company announces that it has created an artificial general intelligence (AGI) by December 31, 2026 ET. Otherwise, this market will resolve to "No".
The primary resolution source for this market will be official information from OpenAI and/or its official representative, however a consensus of credible reporting will also be used.
TechAISamllm
This market will resolve to "Yes" if OpenAI completes an Initial Public Offering (IPO) by the listed date ET, as confirmed by official company announcements and credible news sources. Otherwise, this market will resolve to "No".
The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.
If OpenAI is acquired by another company that is already public, this market will immediately resolve to "No."
The resolution source for this market is a consensus of credible reporting.
OpenAI IPOIPOsBig TechAI
This market will resolve based on the calendar month (ET) in which Anthropic's initial public offering (IPO) occurs. The resolving month will be the calendar month (ET) containing the first day on which Anthropic shares are listed and open for regular-way trading on a public securities exchange.
An IPO refers to Anthropic shares becoming listed and open for trading on a public securities exchange, whether through a traditional initial public offering or a direct listing.
If Anthropic goes public through a merger, acquisition, or absorption by an entity that is already publicly traded, including a special purpose acquisition company, this market will resolve to "No IPO before 2028".
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before 2028".
Announcements, filings, or scheduling of an IPO will not suffice; this market will resolve after public trading has begun.
Resolution will be based on information from the primary exchange.
AIIPOIPOsClaude
This market will resolve based on OpenAI's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2026, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2026".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on OpenAI’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
IPOBig TechOpenAIIPOs
This market will resolve according to the calendar date (ET) on which Google's next Gemini Pro model is made available to the general public.
Any Gemini model released after market creation and labeled as "Pro" may qualify (e.g., gemini-3.2-pro, gemini-3.5-pro, or gemini-4.0-pro-preview). Gemini models labeled only as Flash, Flash-Lite, or another non-Pro variant will not qualify.
Products labeled as a GA promotion of an already-existing Preview model (e.g., gemini-3.1-pro-ga) may qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by Google as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from Google, with additional verification from a consensus of credible reporting.
AITechGeminigoogle
This market will resolve to "Yes" if Google's next Gemini Pro model is made available to the general public between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.
Any Gemini model released after market creation and labeled as "Pro" may qualify (e.g., gemini-3.2-pro, gemini-3.5-pro, or gemini-4.0-pro-preview). Gemini models labeled only as Flash, Flash-Lite, or another non-Pro variant will not qualify.
Products labeled as a GA promotion of an already-existing Preview model (e.g., gemini-3.1-pro-ga) may qualify
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must be either clearly defined and publicly announced by Google as being accessible to the general public or otherwise made publicly accessible and explicitly labeled within the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from Google, with additional verification from a consensus of credible reporting.
AITechGeminigoogle
This market will resolve to "Yes" if any model published by OpenAI achieves at least the specified accuracy on Humanity’s Last Exam by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No".
For resolution, “accuracy” refers solely to the value labeled “HLE Accuracy” or a clear equivalent metric if the data’s presentation or terminology is restructured, regardless of the model’s Calibration Error or any other displayed metric.
The resolution source will be the official Humanity’s Last Exam leaderboard at https://agi.safe.ai/. If the resolution source becomes unavailable during the listed timeframe, this market will remain open to allow the relevant data to become available again. If the source remains unavailable after the end of the listed timeframe or is otherwise confirmed to be permanently unavailable, official Humanity’s Last Exam results published elsewhere may be used. If no official alternative source is available, this market will resolve to "No".
AIgptTechOpenAI
This market will resolve to "Yes" if the AI industry experiences an industry downturn by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No".
For the purposes of this market, the AI industry will be considered to have experienced an industry downturn once at least three of the following events have occurred within 90 days of this market's specified timeframe:
- NVIDIA Corporation (NVDA) closing stock price is down 50% from its all-time high.
- iShares PHLX Semiconductor ETF (SOXX) closing stock price is down 40% from its all-time high.
- OpenAI, Inc. or Anthropic PBC declares bankruptcy.
- OpenAI, Inc. is acquired.
- H100 rental price falls to $1.00 or lower for five consecutive days, as shown on the SiliconData Silicon Index at:
https://www.silicondata.com/products/silicon-index.
- Major AI Hardware Supplier Collapse: Taiwan Semiconductor Manufacturing Company Limited (TSM), ASML Holding N.V. (ASML), Broadcom Inc. (AVGO), Arista Networks, Inc. (ANET), or Super Micro Computer, Inc. (SMCI), closing stock price is down 50% from its all-time high.
This market may resolve immediately once three conditions have been met within 90 days of the specified timeframe.
This market will not resolve to "Yes" until three conditions have been met, regardless of reporting of an industry downturn or similar claims.
The primary resolution source will be official information from the respective companies and listing exchanges; however, a consensus of credible reporting will also be used.
BusinessTechFinanceBig Tech
This market will resolve according to the company that owns the model that has the highest rank based on the arena.ai Code Arena | WebDev Leaderboard when the table under "Code Arena | WebDev" filtered for "Models" is checked on September 30, 2026, 12:00 PM ET.
Results from the "Rank" column under the "Code Arena | WebDev" Leaderboard tab at https://arena.ai/leaderboard/code/webdev (Overall) filtered for "Models" will be used to resolve this market.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by which model is listed higher on the leaderboard. If a tie still remains, alphabetical order of company names as listed in this market group will be used as a final tiebreaker (e.g., “Google” would be ranked ahead of “SpaceXAI”). This market will resolve based on the company that occupies first place under this ranking.
The resolution source for this market is the arena.ai Code Arena | WebDev Leaderboard. If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechCodingWebDev
This market will resolve according to the model that has the highest arena rank based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab is checked on the specified date, 12:00 PM ET.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score.
No new model will be added to this market after market creation. Any model not explicitly listed in this market will be encompassed under the "Other" option.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of model names as listed in this market group (full string, including suffixes such as “-high” and “-max”) will be used as a final tiebreaker (e.g., if two models remain tied, “claude-opus-5-high” would be ranked ahead of “claude-opus-5-max”). This market will resolve to the model that comes first according to this order.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechAI Rankings
This market will resolve to "Anthropic" if Anthropic completes an Initial Public Offering (IPO) before OpenAI completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.
This market will resolve to "OpenAI" if OpenAI completes an Initial Public Offering (IPO) before Anthropic completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.
This market will resolve 50-50 if:
- Neither company completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET;
- Both companies complete an IPO on the same calendar date (ET); or
- By December 31, 2027, 11:59 PM ET, both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
The IPO refers to the first sale of stock by the listed company to the public on any recognized stock exchange.
The resolution source for this market is a consensus of credible reporting.
sam altmanOpenAIBusinessIPOs
This market will resolve to "Yes" if the next Google Gemini Pro model added to the Arena.AI Leaderboard (arena.ai/leaderboard/text) has at least the specified score at 12:00 PM ET on the calendar date following the date on which it first appears on the leaderboard. Otherwise, this market will resolve to "No".
Any Gemini model newly added to the leaderboard and labeled as "Pro" may qualify (e.g., gemini-2.5-pro, gemini-3-pro, or gemini-3.1-pro-preview). Gemini models labeled only as Flash, Flash-Lite, or another non-Pro variant will not qualify.
Results from the "Score" column under the "Text Arena | Overall" Leaderboard tab at https://lmarena.ai/leaderboard/text with style control off will be used to resolve this market. This market will resolve solely based on the specified score in the Score column of the leaderboard, regardless of any underlying granular or unrounded data presented elsewhere.
If multiple models are added to the leaderboard on the same calendar date (ET), the highest-scoring model will be used for resolution. Models added to the leaderboard on the calendar date following the initial qualifying model’s first appearance will not be considered.
A qualifying model must be newly added to the Arena.AI Leaderboard. Whether the model was previously released, publicly accessible, in beta, or otherwise available before appearing on the leaderboard is irrelevant for this market.
The resolution source for this market is the Chatbot Arena LLM Leaderboard found at arena.ai/leaderboard/text. If this resolution source is unavailable at 12:00 PM ET on the calendar date following the date on which the qualifying model first appears on the leaderboard, this market will resolve based on the first subsequent instance at which such a score becomes available on the leaderboard. If it remains unavailable through the end of the seventh day after the qualifying model first appears on the leaderboard or if no qualifying model release occurs by December 31, 2026, 11:59 PM ET, this market will resolve to "No".
GeminiGemini ProAIgoogle
This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading.
If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.
Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
AIFinanceBig TechIPOs
This market will resolve according to the model that has the highest arena rank based on the arena.ai Text Arena (Overall) when the table under the "Leaderboard" tab is checked on the specified date, 12:00 PM ET.
Results from the "Rank" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off (Adjustments: None) and filtered for "Models" will be used to resolve this market.
Note: Models marked “AutoEval” at the applicable check time will not be considered, regardless of whether they display a rank or score.
No new model will be added to this market after market creation. Any model not explicitly listed in this market will be encompassed under the "Other" option.
Models will be ordered primarily by their leaderboard rank at the market’s check time. If two or more models are tied on rank, they will be ordered by their Arena score, including any underlying, unrounded, granular values reflected in the data below the leaderboard. If a tie still remains, alphabetical order of model names as listed in this market group (full string, including suffixes such as “-high” and “-max”) will be used as a final tiebreaker (e.g., if two models remain tied, “claude-opus-5-high” would be ranked ahead of “claude-opus-5-max”). This market will resolve to the model that comes first according to this order.
The resolution source for this market is the arena.ai Text Arena (Overall). If this resolution source is unavailable at check time, this market will remain open until the leaderboard comes back online and will resolve based on the first check after it becomes available. If it becomes permanently unavailable, this market will resolve to "Other".
AITechAI Rankings
This market will resolve according to the calendar date (ET) on which Google's next Gemini Pro model is made available to the general public.
Any Gemini model released after market creation and labeled as "Pro" may qualify (e.g., gemini-3.2-pro, gemini-3.5-pro, or gemini-4.0-pro-preview). Gemini models labeled only as Flash, Flash-Lite, or another non-Pro variant will not qualify.
Products labeled as a GA promotion of an already-existing Preview model (e.g., gemini-3.1-pro-ga) may qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by Google as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from Google, with additional verification from a consensus of credible reporting.
AITechGeminigoogle
This market will resolve to "Yes" if Grok AI officially defeats T1 in any exhibition/competitive match of League of Legends played in 2026. Otherwise, this market will resolve to "No".
If no match takes place between T1 and Grok AI or no winner can be determined for any reason by December 31, 2026, 11:59PM ET, the market will resolve to "No".
The primary resolution sources for this market will be official announcements from T1, X, Riot Games (if involved); however, a consensus of credible reporting may also be used.
lolEsportsCultureleague of legends
This market will resolve to "Yes" if OpenAI's next GPT Luna model (5.7+) is made available to the general public between market creation and the specified date (ET). Otherwise, this market will resolve to "No".
A qualifying model must have a name or model identifier that includes "GPT" and "Luna" and be designated as version 5.7 or higher, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, a version 5.7 or higher named in the same manner as GPT-5.6 Luna would qualify, including a new whole-number generation such as GPT-6 Luna or an Astra-branded release meeting these criteria, while models whose name does not include "Luna" or which retain a version designation below 5.7, such as GPT-5.6 Luna, GPT-5.6 Sol, or GPT-5.6 Terra, will not qualify. Fine-tunes, modes, or restricted-access variants of an existing version, such as GPT-5.6-Cyber or GPT-5.6 Sol Ultrafast, will not qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by OpenAI as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from OpenAI, with additional verification from a consensus of credible reporting.
AIgptTechOpenAI
This market will resolve according to the calendar date (ET) on which SpaceXAI's next Grok model (4.7+) is made available to the general public.
A qualifying model must have a name or model identifier that includes "Grok" and be designated as version 4.7 or higher, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, a version 4.7 or higher named in the same manner as Grok 4.5, Grok 4.6, or grok-4.6-high would qualify, including reasoning, Fast, Heavy, or similar variants carrying a 4.7 or higher designation and a new whole-number generation such as Grok 5, while models whose name does not include "Grok" or which retain a version designation below 4.7, such as Grok 4.6 (released August 12, 2026), including any rollout, promotion, or snapshot of it, will not qualify. Separately numbered product lines that do not carry the core Grok version designation, such as Grok Code Fast or Grok Imagine, will not qualify, and version numbers of the Grok app, website, or other products that do not correspond to a new underlying model will not qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by SpaceXAI as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from SpaceXAI, with additional verification from a consensus of credible reporting.
AIxAIGrokTech
This market will resolve to “Yes” if credible reporting confirms that any entity enters into an agreement to acquire Anthropic by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”.
Mergers where Anthropic is subsumed by another entity will count toward a "Yes" resolution.
An announced agreement between Anthropic and an acquiring entity will qualify for a “Yes” resolution, regardless of whether the acquisition is ultimately completed.
The primary resolution source for this market is official information from Anthropic and/or its leadership, however a consensus of credible reporting will also be used.
Claude 5Anthropic IPOAnthropicAI
This market will resolve to "Yes" if the official closing price for Anthropic's market capitalization on its first trading day is above the value specified in the title. Otherwise, it will resolve to "No".
If no IPO occurs by December 31, 2027, 11:59 PM ET, this market will resolve to "No".
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.
Resolution will be based on the primary exchange's official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.
In the event of an interruption in the course of the normal trading session on Anthropic’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.
AIIPOIPOsFinance
This market will resolve to "Yes" if OpenAI makes a GPT Astra model designated 6.1 or higher available to the general public between market creation and the specified date (ET). Otherwise, this market will resolve to "No".
A qualifying model must be an OpenAI model designated as version 6.1 or higher that includes "Astra" in its name or model identifier, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, GPT-6.1 Astra, Astra 6.1, or GPT Astra 7 would all qualify. GPT-6 Astra, including any rollout, promotion, Pro or Fast mode, or snapshot of it, will not qualify. Tier-labeled models such as GPT-5.6 Sol, GPT-5.6 Terra, or GPT-5.6 Luna and their successors, and task-specific or modality lines such as GPT-5.6-Cyber, Daybreak models, Codex, GPT Image, or Realtime models, will not qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by OpenAI as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from OpenAI, with additional verification from a consensus of credible reporting.
AIgptTechAstra
This market will resolve to "Yes" if xAI's Grok 5 model is made available to the general public by the specified date (ET). Otherwise, this market will resolve to "No."
Grok 5 refers to a product explicitly named Grok 5, or a model that is clearly recognized as xAI’s next flagship generation succeeding Grok 4. Models released under the Grok 4 generation, including Grok 4.6, Grok 4.7, or similar variants, will not qualify.
Qualifying releases of task-specialized models or cost-efficiency variants will not count unless they are explicitly branded as Grok 5 or otherwise clearly announced by xAI as its next flagship Grok generation.
For this market to resolve to "Yes," a qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice.
The release must be either clearly defined and publicly announced by xAI as being accessible to the general public or otherwise made publicly accessible and explicitly labeled within the company’s official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from xAI, with additional verification from a consensus of credible reporting.
AIGrokTechBig Tech
This market will resolve to "Yes" if the next SpaceXAI Grok model added to the Arena.AI Leaderboard (https://arena.ai/leaderboard/text/overall-no-style-control) has at least the specified score at 12:00 PM ET on the calendar date following the date on which it first appears on the leaderboard. Otherwise, this market will resolve to "No".
A qualifying model must have a name or model identifier that includes "Grok" and be designated as version 4.7 or higher, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, a version 4.7 or higher named in the same manner as Grok 4.5, Grok 4.6, or grok-4.6-high would qualify, including reasoning, Fast, Heavy, or similar variants carrying a 4.7 or higher designation and a new whole-number generation such as Grok 5, while models whose name does not include "Grok" or which retain a version designation below 4.7, such as Grok 4.6 (released August 12, 2026), including any rollout, promotion, or snapshot of it, will not qualify. Separately numbered product lines that do not carry the core Grok version designation, such as Grok Code Fast or Grok Imagine, will not qualify, and version numbers of the Grok app, website, or other products that do not correspond to a new underlying model will not qualify.
Results from the "Score" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off will be used to resolve this market. This market will resolve solely based on the specified score in the Score column of the leaderboard, regardless of any underlying granular or unrounded data presented elsewhere.
A model marked "AutoEval" will not be considered added to the leaderboard. Only scores displayed without the "AutoEval" label will be considered.
If multiple models are added to the leaderboard on the same calendar date (ET), the highest-scoring model will be used for resolution. Models added to the leaderboard on the calendar date following the initial qualifying model's first appearance will not be considered. If a model is first added to the Arena.AI Leaderboard but is subsequently removed and not re-added, such that it is not displayed on the leaderboard at 12:00 PM ET on the calendar date following its first appearance, its appearance will not qualify as added to the Arena.AI Leaderboard.
A qualifying model must be newly added to the Arena.AI Leaderboard. Whether the model was previously released, publicly accessible, in beta, or otherwise available before appearing on the leaderboard is irrelevant for this market.
The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://arena.ai/leaderboard/text/overall-no-style-control. If this resolution source is unavailable at 12:00 PM ET on the calendar date following the date on which the qualifying model first appears on the leaderboard, this market will resolve based on the first subsequent instance at which such a score becomes available on the leaderboard. If it remains unavailable through the end of the seventh day after the qualifying model first appears on the leaderboard or if no qualifying model release occurs by June 30, 2027, 11:59 PM ET, this market will resolve to "No".
AIxAIGrokTech
This market will resolve to "Yes" if SpaceXAI's next Grok model (4.7+) is made available to the general public between market creation and the specified date (ET). Otherwise, this market will resolve to "No".
A qualifying model must have a name or model identifier that includes "Grok" and be designated as version 4.7 or higher, regardless of capitalization or surrounding prefixes, suffixes, dates, or descriptors. For example, a version 4.7 or higher named in the same manner as Grok 4.5, Grok 4.6, or grok-4.6-high would qualify, including reasoning, Fast, Heavy, or similar variants carrying a 4.7 or higher designation and a new whole-number generation such as Grok 5, while models whose name does not include "Grok" or which retain a version designation below 4.7, such as Grok 4.6 (released August 12, 2026), including any rollout, promotion, or snapshot of it, will not qualify. Separately numbered product lines that do not carry the core Grok version designation, such as Grok Code Fast or Grok Imagine, will not qualify, and version numbers of the Grok app, website, or other products that do not correspond to a new underlying model will not qualify.
A qualifying model must be launched and publicly accessible, including via open beta or open rolling waitlist signups. A closed beta or any form of private access will not suffice. The release must either be clearly defined and publicly announced by SpaceXAI as accessible to the general public, or otherwise be made publicly accessible and explicitly labeled on the company's official website. Labeling errors, placeholder text, or version names displayed on the website that do not correspond to a model that is actually accessible to the general public will not qualify.
The primary resolution source for this market will be official information from SpaceXAI, with additional verification from a consensus of credible reporting.
AIxAIGrokTech
This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day.
This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2028, 11:59 PM ET.
- Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
AIIPOIPOsOpenAI