Anthropic, now atop the AI bubble, files for its IPO
The Register
Anthropic has filed for an initial public offering with the SEC after raising $65 billion in Series H funding, which elevated its valuation to $965 billion and surpassed OpenAI's $852 billion valuation. The company reported it may achieve operating profit in its next quarter, though details remain confidential and the company's actual financial position is unclear. The IPO filing will eventually provide public scrutiny of Anthropic's finances, potentially revealing whether AI startup valuations are justified or inflated.
Why it matters
First it tops OpenAI's valuation, then it beats Altman to the IPO punch
