OpenAI and Anthropic prepare to go public on Wall Street
The two leading artificial intelligence companies — OpenAI (creator of ChatGPT) and Anthropic (creator of Claude) — both filed documents to go public on US stock markets.
OpenAI is seeking a valuation of approximately $1.75 trillion, which would make it one of the largest public offerings in US history. The company has grown significantly in revenue — estimated at over $3 billion annually — but remains unprofitable due to the massive costs of training and running AI models.
Anthropic, the company backed by Amazon and Google, also recently filed its documents. The company has grown rapidly in the enterprise market and wants to use the public offering capital to fund international expansion and development of more powerful models.
What does this mean for you?
For the first time, anyone can invest directly in the companies building the world's most advanced AI technology. This also means these companies will need to be more transparent about their finances and risks, something they couldn't do as private companies.
The IPO also exposes both companies to market pressure — they'll need to show revenue growth every quarter, which could create incentives to accelerate launches at the expense of safety.
Source: Reuters
What does this mean for you?
OpenAI and Anthropic going public is a historic moment for the AI industry. For the first time you'll be able to invest directly in these companies. But it's also a signal that the era of unsupervised growth is over — now markets will watch their numbers closely.