Anthropic Files Confidentially for IPO in Race With OpenAI (3)

Anthropic PBC has confidentially submitted draft paperwork for a public listing, potentially leapfrogging longtime rival OpenAI in the race toward a Wall Street debut as soon as this fall.

“The number of shares to be offered and the price have not yet been set,” the company said in a blog post Monday.

Anthropic, once viewed as an underdog to OpenAI, has vaulted ahead of the ChatGPT maker in recent months on multiple fronts. The Claude developer raised $65 billion in a funding round last week at a $965 billion valuation, including the investment, eclipsing OpenAI’s value for the first time. ...