#OpenAIAnthropicIPORace

About OpenAIAnthropicIPORace

Oct 20 reports say OpenAI is accelerating a ~$30B raise at a valuation above $1.4T, seeking funds before Anthropic’s expected November IPO. Anthropic is pursuing $60B in chip financing and a ~$45B Nscale compute deal. OpenAI cited ~$50B in annualized revenue; Anthropic’s Q3 revenue was $16.8B, up 45% QoQ. The measures differ. As both court long-term and sovereign wealth funds, can compute spending generate lasting profits, and how will funding costs and growth shape IPO valuations?