Anthropic vs OpenAI: Race Heats Up for Largest AI IPO Ever
Anthropic has engaged law firm Wilson Sonsini to prepare for a potential IPO as early as 2026, signaling a fierce competition with OpenAI for what could be the largest public listing in AI history. The startup is eyeing a private funding round that may value it above $300 billion, with significant investments from Microsoft and Nvidia.
Projected annualized revenue of $26 billion by next year underscores Anthropic's rapid growth, nearly tripling its current run rate. With over 300,000 business customers and a $50 billion infrastructure expansion underway, the company is positioning itself as a formidable rival to OpenAI's ChatGPT.
Wilson Sonsini's involvement brings IPO pedigree, having shepherded tech giants like Google and LinkedIn through their public debuts. Meanwhile, OpenAI's parallel preparations set the stage for a historic showdown in artificial intelligence's march toward Wall Street.
