Sometimes, the smartest investment wins happen behind closed doors long before the opening bell rings on Wall Street. Artificial intelligence (AI) heavyweight Anthropic confidentially filed for a U.S. initial public offering (IPO) on Monday, June 1, beating rival OpenAI to the punch in the scramble toward public markets.
Fresh off a late May funding round that valued the Claude Code creator at $965 billion post money, Anthropic now sits ahead of OpenAI in the valuation pecking order. If Anthropic reaches Wall Street with a $1 trillion valuation, the debut could rank among the most significant stock market arrivals in years.
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