After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission.
The filing sets the stage for what’s sure to be a massive IPO. As of its fundraise last week, Anthropic is being called the world’s most valuable startup, with a post-money valuation of $965 billion. That tops the $852 billion post-money valuation of OpenAI, which is its biggest rival.
Anthropic chose to submit its draft registration statement to the SEC confidentially, according to a blog post from the company, meani …
Read the full story at The Verge.
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