Anthropic filed to go public

After months of speculation as to whether OpenAI or Anthropic would be the first in their race to IPO, Anthropic on Monday reached an important milestone: filing to launch the project with the US Securities and Exchange Commission.

The filing kicks off what is sure to be a massive IPO. Based on its earnings last week, Anthropic is to be invited the most valuable startup in the world, with a net worth of $965 billion. This raises the value of $852 billion after the investment of OpenAI, which is its main rival.

Anthropic chose to submit its registration statement to the SEC in private, according to a blog post from the company, meaning that the main points involved in the company’s actions – such as the risks that may occur in its business, compensation, and other costs – are not known until later.

The news comes less than two weeks before SpaceX’s June 12 IPO. Elon Musk’s SpaceX — which owns xAI and has a new deal with Anthropic that pays $15 billion a year to use SpaceX’s data centers — is currently expected to raise $80 billion in an initial public offering, which would make it the largest IPO in history.

Writing also comes soon to OpenAI came forward in his high-profile legal battle with Musk, when the judge rejected all claims due to the statute of limitations.