AI TRENDS | Anthropic Secretly Files for IPO Amidst Race with OpenAI

Anthropic has reportedly submitted confidential documents for an initial public offering (IPO), aiming to go public on Wall Street as early as this fall. According to Jin10, the company announced in a blog post on Monday that the number of shares to be issued and their price have not yet been determined. Recently, Anthropic, OpenAI, and SpaceX have been advancing their IPO plans to establish a strong potential funding channel. In its latest funding round, Anthropic raised $65 billion, bringing its valuation to $965 billion, surpassing its competitor OpenAI for the first time. Demand for Anthropic's tools, which help simplify coding and other tasks, has surged as clients seek to leverage these capabilities. Sources indicate that Goldman Sachs, JPMorgan Chase, and Morgan Stanley are expected to play key roles in the IPO projects for both Anthropic and OpenAI.