Anthropic & OpenAI IPOs: Safety Delays vs Wall Street Debut

While OpenAI has delayed its massive potential IPO, Anthropic is still reportedly gearing up for what could be a record-breaking public listing

Anthropic & OpenAI IPOs: Safety Delays vs Wall Street Debut

TL;DR

  • OpenAI has delayed its IPO to prioritize AI safety and navigate the complexities of being a public company.
  • Anthropic is reportedly gearing up for a record-breaking IPO, with an expected valuation of US$2tn or more.
  • Both companies have filed confidential S-1 forms with the SEC.
  • OpenAI is seeking US$30 billion in fresh funding at a US$1.4 trillion valuation.
  • Anthropic reported a US$42 billion net loss in 2025 and US$518 billion in future compute obligations.
  • Both OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei have expressed concerns about the existential risks of AI.