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. …
… Any scandalous information about OpenAI’s C-suite could derail the IPO. Musk is also potentially vulnerable to mud-slinging. Musk’s SpaceX has filed confidentially for an IPO, which may happen as soon as June. …
… The rocket venture’s IPO filing shows the company has put AI — and Grok specifically — at the heart of its pitch to investors. …
… Now, with the release of SpaceX’s IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk’s company. …
… If and when the mandatory paperwork associated with an IPO filing is made public, we’ll get a sense of exactly how challenging the environment is for OpenAI — but it seems that OpenAI doesn’t have an easy road to do everything it’s trying to do and still stay solvent. …
… OpenAI is right on the cusp of an IPO. …
… Anthropic, which primarily builds for enterprise clients, has been going all in on its coding efforts, and OpenAI has recently pledged to mirror Anthropic’s focus on coding and enterprise, ahead of both companies reportedly racing each other to IPO by the end of 2026. …
… We’re profiling more and more of these companies here at The Verge all the time. …