Anthropic filed confidentially for an initial public offering in the U.S. The company intends to go public ahead of its chief rival, OpenAI.
A funding round in May valued Anthropic at $965 billion. This valuation reportedly surpasses OpenAI’s most recent private market figure.
The move aims to capitalize on high investor demand for artificial intelligence stocks. The IPO will set a market narrative for how the fast-growing sector is valued.
This offering serves as a critical test of public market appetite for major AI companies. While Anthropic moves first, analysts note that OpenAI can gauge investor reactions before its own market debut.