OpenAI rival Anthropic races toward a Wall Street debut
AI company Anthropic, a rival to ChatGPT developer OpenAI, may soon become a publicly traded company, allowing people to buy shares.
The company said Monday it has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission for its initial public offering.
This means business information will remain private for now while the documents are reviewed by the regulator.
“The proposed initial public offering will depend on market conditions and other factors,” Anthropic said. he said.
Anthropic said last week it had raised US$65 billion ($91 billion) in private financing, which would take its valuation to US$965 billion; This figure makes the five-year-old maker of the Claude chatbot one of the most valuable startups in the world.
Founded in 2021 as a little-known research lab by former OpenAI leaders, the company launched its latest AI model called Claude Opus 4.8 last week, touting that it is better than previous models at coding and other professional work.
The IPO could be one of the three largest IPOs this year.
OpenAI is said to have IPO ambitions of similar scale.
Elon Musk’s space company SpaceX, which has now incorporated its own artificial intelligence company xAI, may go public in mid-June.
At the same time, questions remain about whether the hundreds of billions of dollars invested in AI infrastructure will ultimately generate sufficient returns.
Anthropic, OpenAI and SpaceX are losing more money than they make, raising AI bubble concerns.
with AP
