Anthropic surpasses OpenAI as most valuable AI startup, nears $1 trillion valuation
Anthropic, the AI startup behind Claude, raised $65 billion in Series H funding, achieving a $965 billion valuation and overtaking OpenAI as the world’s most valuable AI startup. The company also filed confidential IPO paperwork, unveiled new models (Claude Opus 4.8, Claude Mythos Preview), and reported a $47 billion revenue run rate. This marks a major shift in the AI industry’s competitive landscape.
Cross-source coverage
Wire timeline
Anthropic Turns to Google to Back Massive Data Center Push
Anthropic is aggressively expanding its computing infrastructure by assembling over a dozen preliminary data center lease agreements totaling more than 1 gigawatt of capacity in the U.S. The AI startup is seeking Alphabet's Google to provide financial guarantees for these leases, while Google also co-designs server chips for potential deployment. This move comes as Anthropic prepares for its initial public offering, having confidentially filed paperwork. The company's valuation has soared to $965 billion after a $65 billion Series H funding round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Alphabet has committed up to $40 billion in the company. Anthropic also recently launched Claude Fable 5, its most capable consumer AI model. If it goes public at a $1 trillion valuation, it could become one of the largest IPOs in history.
Yahoo FinanceOpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI has confidentially filed for an IPO with the SEC, setting the stage for one of the largest public market debuts in history. The filing comes days before Elon Musk's SpaceX is set to go public and a week after rival Anthropic filed confidentially. OpenAI, valued at over $850 billion, is working with Goldman Sachs and Morgan Stanley on the offering. The company has raised more than $180 billion in funding but continues to burn cash as it invests in infrastructure. CEO Sam Altman outlined a 'third phase' for OpenAI focused on making AI abundant and affordable. The dueling IPOs follow a recent court battle between Musk and Altman. OpenAI faces stiff competition from Anthropic, Google, and SpaceX's xAI unit.
US Top News and AnalysisWall Street's biggest banks just landed Anthropic IPO
Anthropic, the maker of the Claude AI assistant, confidentially filed for an initial public offering with the SEC on June 1, 2026. The company selected Goldman Sachs and Morgan Stanley to lead the IPO, with JPMorgan Chase expected to play a key role. Anthropic recently raised $65 billion at a $965 billion valuation, approaching the trillion-dollar club. Its annualized revenue run rate surged to $47 billion, up from $10 billion a year earlier. The IPO is seen as one of the largest market debuts in history, following a period of subdued IPO activity. The filing signals a reopening of the IPO window for major tech companies, with SpaceX and OpenAI also preparing to go public.
Yahoo FinanceAnthropic Co-Founder Daniela Amodei Dismisses AI Return Doubts Ahead of IPO
Anthropic co-founder Daniela Amodei, speaking at the Bloomberg Tech conference, dismissed concerns about AI investment returns as the company prepares for its confidential IPO filing. The AI model maker recently raised $65 billion at a $965 billion valuation, with annualized revenue surging to $47 billion in May from $9 billion at the end of 2025. Amodei argued that businesses are still early in learning to deploy AI effectively and that public markets are well-suited to provide the capital needed for frontier model training. She also explained why Anthropic avoids building its own data centers, preferring to avoid overextending on compute capacity, and noted the company's surprising $1.25 billion per month compute deal with rival xAI.
Yahoo FinanceAnthropic scales its most powerful AI a day after filing to IPO
Anthropic, the AI lab behind the Claude chatbot, confidentially filed for an IPO on June 1, 2026, and the following day scaled its most powerful AI model to critical infrastructure across more than 15 countries. The company raised $65 billion in a Series H round on May 28, valuing it at approximately $965 billion, surpassing OpenAI as the most valuable AI startup. Its revenue run rate reached $47 billion in May, up from $10 billion a year earlier. The valuation exceeds the GDP of countries like Belgium, Sweden, or Argentina. Anthropic joins a three-way race for public markets alongside SpaceX and OpenAI, with SpaceX expected to list first. The article also reflects on the broader trend of private wealth concentration away from public markets.
Yahoo FinanceAnthropic scales its most powerful AI a day after filing to IPO
Anthropic, the AI lab behind the Claude chatbot, confidentially filed for an IPO on June 1, 2026, and the next day scaled its most powerful AI model to critical infrastructure across over 15 countries. The company raised $65 billion in a Series H round on May 28, valuing it at approximately $965 billion, making it the most valuable AI startup globally, surpassing OpenAI. Its revenue run rate reached $47 billion in May, up from $10 billion a year earlier. The valuation rivals the GDP of countries like Belgium, Sweden, or Argentina. Anthropic is now in a three-way race with SpaceX and OpenAI to go public near or above a $1 trillion valuation.
Yahoo FinanceAnthropic Files S-1 for IPO, Analyst Says It Opens Floodgates for Market
Anthropic has confidentially submitted a draft S-1 registration statement to the SEC, moving toward a potential public offering in 2026. Wedbush analyst Dan Ives called the move 'the opening of the floodgates' for a dormant IPO market, noting that OpenAI and SpaceX are also preparing filings. Anthropic recently raised $65 billion in Series H funding, boosting its valuation to $965 billion, and reported a $47 billion annual revenue run rate. The company launched Claude Opus 4.8, which is 2.5x faster and 3x cheaper than prior models, with improved reliability. Anthropic also secured major infrastructure deals: five gigawatts of compute capacity with Amazon, five gigawatts of TPU capacity with Alphabet and Broadcom, and a $1.25 billion per month GPU access deal with SpaceX. The IPO race among Anthropic, OpenAI, and SpaceX is expected to be the most hotly contested in years.
Yahoo FinanceAnthropic Expands Enterprise Partner Program Ahead of IPO
Anthropic, the AI company behind the Claude models, is formalizing its Claude Partner Network, a program for third-party sellers of its AI products. The move is intended to demonstrate business-readiness and 'durability of revenue' as the company approaches an initial public offering. Anthropic recently filed confidentially for an IPO, with a valuation of nearly $1 trillion, and could go public in fall 2026. The partner network currently has about 100 vetted resellers, with plans to expand to multiple thousands. The article, published by the Wall Street Journal and syndicated on Yahoo Finance, highlights Anthropic's strategic efforts to solidify its enterprise ecosystem ahead of its anticipated public listing.
Yahoo FinanceAnthropic Raises Stakes in Wall Street’s IPO Gold Rush
Anthropic, the AI company, has filed confidentially with the SEC for an IPO expected to value the firm at roughly $1 trillion, potentially raising $60 billion. Wall Street's top banks—Morgan Stanley, Goldman Sachs, and JPMorgan Chase—are competing for lead underwriting roles. The IPO follows SpaceX's upcoming debut, where Elon Musk is negotiating unusually low underwriting fees of 0.75%. The article notes that Google has also announced an $80 billion stock sale for AI infrastructure, adding pressure on OpenAI to go public soon. The analysis highlights the intense competition among investment banks for mega-IPO fees and the broader AI-driven IPO gold rush.
Yahoo FinanceAnthropic's IPO is Just Ahead. Here's What You Need to Know.
Anthropic, the AI startup behind the Claude assistant and a rival to OpenAI, has confidentially filed for an initial public offering (IPO) with the SEC on June 1, 2026. The company was founded in 2020 by former OpenAI researchers Dario and Daniela Amodei, focusing on AI safety. The IPO comes amid a blockbuster year for market debuts, following Cerebras Systems' IPO and SpaceX's upcoming offering. Anthropic's valuation is approaching $1 trillion. The number of shares and price range have not been disclosed, and the timing depends on market conditions. The confidential filing allows Anthropic to proceed once the SEC completes its review, with a public prospectus required at least 15 days before a roadshow.
Yahoo FinanceAI Start-up Anthropic Files Confidentially for IPO
Anthropic, the AI start-up behind the Claude chatbot family, has confidentially filed a draft registration statement (Form S-1) with the SEC for an initial public offering (IPO), potentially going public as early as next month. The company recently raised $65 billion in private funding, achieving a valuation of $965 billion, making it the world's most valuable AI start-up ahead of rival OpenAI ($730 billion). Anthropic reports a revenue run rate of $47 billion, up from $10 billion a year ago, and is reportedly targeting its first profitable quarter in Q2 2026 with an operating profit of $559 million. The company operates as a public benefit corporation (PBC) and competes directly with OpenAI's ChatGPT and indirectly with Alphabet's Gemini. Market estimates show ChatGPT leading with 37% user penetration, followed by Gemini at 27% and Claude at 5%.
Yahoo FinanceAnthropic Files for IPO, Analysts See Floodgates Opening for AI Companies
Anthropic, the AI company behind the Claude chatbot, has submitted a confidential IPO filing with the SEC, positioning itself ahead of rival OpenAI in the race to go public. The five-year-old startup, valued at $965 billion after a $65 billion private funding round, reported $47 billion in annualized revenue but remains unprofitable. Wedbush analyst Dan Ives called it 'an opening of the floodgates for the IPO market,' which has been dormant for years. Comparisons to the dotcom bubble are emerging as Anthropic, OpenAI (valued at $852 billion), and SpaceX (valued at $1.25 trillion) all prepare for public offerings. Notre Dame law professor Patrick Corrigan noted Anthropic gained a 'first mover's advantage' over OpenAI. IDC analyst Tim Law said quarterly reporting requirements will be healthy for the AI industry. The company has not yet determined share price or number of shares to be offered.
Fortune | FORTUNEAnthropic CFO Krishna Rao Steers Anticipated IPO as AI Company Files Confidentially with SEC
Anthropic, the maker of Claude AI, has taken a major step toward going public by confidentially submitting a draft S-1 registration statement to the SEC. CFO Krishna Rao, who joined in May 2024 after roles at Fanatics Commerce and Cedar, is leading the IPO process. The company recently raised $65 billion in Series H funding at a $965 billion post-money valuation, surpassing rival OpenAI's valuation for the first time. The IPO timing depends on market conditions and SEC review, with potential listing as late as 2026. Rao, a Harvard economics graduate and Yale Law alum, brings experience from Airbnb's IPO and Blackstone. The filing positions Anthropic to potentially go public ahead of OpenAI, according to Wedbush Securities analysts.
Yahoo FinanceAnthropic CFO Krishna Rao Leads Confidential IPO Filing Amid AI Industry Race
Anthropic, the maker of Claude AI, has confidentially filed a draft S-1 registration statement with the SEC, marking a major step toward a potential IPO. CFO Krishna Rao, who joined in May 2024, is steering the process. The company recently raised $65 billion in Series H funding at a $965 billion post-money valuation, surpassing competitor OpenAI's valuation for the first time. The IPO timing depends on market conditions and SEC review, with analysts suggesting it could occur as soon as late 2026. Rao, a Harvard economics and Yale law graduate, brings experience from Airbnb, where he helped raise over $10 billion, and Blackstone. The filing positions Anthropic to potentially go public ahead of OpenAI, intensifying competition in the AI sector.
Fortune | FORTUNEAnthropic takes step toward potential IPO with SEC draft filing
Anthropic, an AI company, has confidentially submitted a draft registration statement (Form S-1) to the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock. Specific terms such as the number of shares and price range have not been disclosed. The IPO will proceed only after SEC review and favorable market conditions. This filing follows a recent $65 billion funding round that valued Anthropic at $965 billion. The move comes amid heightened interest in AI companies going public, with OpenAI reportedly preparing a confidential IPO filing and SpaceX also filing for a $75 billion offering at a $1.75 trillion valuation. IPO research firm IPOX vice president Kat Liu noted that filing shortly after SpaceX allows Anthropic to capitalize on strong investor interest in AI and growth stocks. The company emphasized that the filing does not constitute an offer to sell securities.
Yahoo FinanceMarket watchers and industry leaders react to Anthropic's IPO filing
Anthropic, the AI company behind Claude, has confidentially filed for an initial public offering, adding momentum to a surge of high-profile tech IPOs including SpaceX and expected OpenAI debut. OpenAI CEO Sam Altman downplayed the IPO race, calling it a financing event and emphasizing competition in technology and business building. Nate Elliott of EMARKETER noted Claude is not competitive in consumer AI but is poised to win enterprise AI, which will test investor sentiment. Sonali Basak of iCapital raised questions about public market comfort with AI companies burning capital without free cash flow, and whether usage-based pricing will hold. The IPO wave is seen as a potential 'Facebook-type' moment for early investors.
All Content from Business InsiderAnthropic confidentially files for IPO
AI company Anthropic, maker of the Claude chatbot, announced it has confidentially filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission. The filing comes days after the company raised $65 billion in a funding round that valued the OpenAI rival at $965 billion, nearing a trillion-dollar valuation. Anthropic, founded in 2021 by former OpenAI executives, has positioned itself as a safety-focused AI alternative. Its coding assistant Claude Code has helped push projected annual revenue to $47 billion. The company faces challenges including computing power shortages and a legal dispute with the U.S. Pentagon, which designated it a supply chain risk after Anthropic refused to grant the military unfettered access to its AI models. Anthropic's IPO would follow Elon Musk's SpaceX to Wall Street, with analysts calling it a potential opening of the floodgates for the IPO market.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Sam Altman downplays AI IPO race after Anthropic files for public offering
OpenAI CEO Sam Altman responded to rival Anthropic's confidential IPO filing by stating that OpenAI is not focused on the timing of going public, emphasizing that the real race is about delivering the best technology and building the best business. Anthropic, founded by former OpenAI employees and valued at nearly $1 trillion, filed paperwork for an IPO, marking a major milestone in the AI industry's anticipated wave of public listings. OpenAI is also preparing for an IPO later this year. Altman further rejected the notion of a winner-takes-all outcome in AI, arguing that multiple providers are necessary for robust infrastructure. Alongside Anthropic and OpenAI, Elon Musk's SpaceX is also expected to pursue a public offering, potentially reshaping public markets.
All Content from Business InsiderAnthropic IPO Filing Ratifies Wall Street's AI Obsession
AI company Anthropic confidentially filed for a U.S. IPO on June 1, 2026, marking a pivotal moment for Wall Street's AI investment frenzy. The filing comes amid a record market rally led by tech stocks, with SpaceX set to price its IPO and OpenAI waiting in the wings. Market reaction was mixed, with the Nasdaq up 0.3% and Salesforce rising 10% on news its Anthropic stake is valued at $5 billion. Analysts highlighted key uncertainties: Anthropic's gross margin (never publicly disclosed) will validate or collapse private market AI valuations; the company's enterprise focus vs. consumer weakness (only 5.4% US internet users expected to use Claude in 2026 vs. 36.6% for ChatGPT); and the timeline to cash flow positivity. The IPO is expected to be the most scrutinized tech offering in history.
Yahoo FinanceAnthropic Files Confidentially for IPO, Aiming to Beat OpenAI to Market
Anthropic, the artificial intelligence company behind the Claude chatbot, announced on June 1, 2026, that it has confidentially filed for a U.S. initial public offering. The move positions Anthropic to potentially beat archrival OpenAI to the public market amid a surge in high-profile IPOs expected in 2026. Anthropic last raised $65 billion at a post-money valuation of $965 billion in late May. The company stated the confidential filing gives it the option to go public after SEC review, depending on market conditions. The announcement comes as Elon Musk's SpaceX prepares to launch its IPO roadshow on June 4, targeting a record $75 billion raise at a $1.75 trillion valuation. Goldman Sachs has predicted U.S. IPO proceeds could reach $160 billion in 2026. OpenAI is also reportedly preparing to confidentially file for an IPO.
Yahoo Finance