The specifics:
Wilson Sonsini, a company well-known for taking Internet behemoths like Google and LinkedIn public, was allegedly hired by Anthropic to begin the early-stage listing process.
After assisting Airbnb in its 2020 IPO, CFO Krishna Rao joined, and Anthropic is now working on a "internal checklist of changes" required for IPO.
At a valuation of more than $300 billion, Anthropic is also seeking private funding; Microsoft and Nvidia are reportedly interested in contributing up to $15 billion.
OpenAI is also in the early stages of getting ready to go public, with a possible valuation of up to $1 trillion, making it one of the largest IPOs in history.
After assisting Airbnb in its 2020 IPO, CFO Krishna Rao joined, and Anthropic is now working on a "internal checklist of changes" required for IPO.
At a valuation of more than $300 billion, Anthropic is also seeking private funding; Microsoft and Nvidia are reportedly interested in contributing up to $15 billion.
OpenAI is also in the early stages of getting ready to go public, with a possible valuation of up to $1 trillion, making it one of the largest IPOs in history.
Investors want their horse to cross the finish line first, and Anthropic and OAI are currently circling IPOs that might be among the biggest in tech history. The first to list will test whether public markets think the extraordinarily high valuations are a floor or a ceiling, with rumors of a "AI bubble" circulating and revenue growth under scrutiny.