Anthropic files confidentially for an IPO, potentially beating OpenAI to Wall Street after eclipsing it in valuation
TL;DR
Anthropic has confidentially filed S-1 paperwork for an IPO, potentially beating rival OpenAI to the public market this fall. The filing follows a $65 billion funding round at a $965 billion valuation and projected Q2 revenue of $10.9 billion, with Anthropic on pace for its first profitable quarter.
Anthropic has confidentially submitted draft registration paperwork for an initial public offering with the Securities and Exchange Commission, the company announced in a blog post on Monday. The number of shares to be offered and the price have not been set. The filing positions Anthropic to potentially reach the public market as soon as this fall, ahead of rival OpenAI, which is also preparing its own confidential IPO filing in the coming weeks.
The move comes days after Anthropic raised $65 billion in a funding round at a $965 billion valuation, eclipsing OpenAI’s valuation for the first time. The...
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