Anthropic has officially filed to go public

Anthropic has filed a draft registration statement confidentially with the U.S. Securities and Exchange Commission, kicking off the IPO process after months of speculation about whether it or OpenAI would go public first. The filing comes after Anthropic’s latest fundraise valued it at $965 billion post-money, ahead of OpenAI’s $852 billion valuation, underscoring how large the eventual public offering could be.

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.