economy
Anthropic files for its IPO
Anthropic is racing OpenAI to the public markets.
TL;DR
- SpaceX, Anthropic, and OpenAI are expected to reach valuations of at least $1 trillion upon entering public markets.
- SpaceX's IPO is anticipated to occur later this month.
- Anthropic and OpenAI are competing to be the second company to IPO.
- Anthropic raised $65 billion in Series H funding at a $965 billion post-money valuation, led by Altimeter, Dragoneer, Greenoaks, and Sequoia Capital.
- This funding round was the largest venture capital round on record and placed Anthropic ahead of OpenAI in valuation.
- Companies can file confidential IPO documents to receive feedback from regulators before making them public.
- If Anthropic proceeds, it will file a public S-1 containing financial data and risk factors, with the IPO following about a month later.