Anthropic/OpenAI IPO wave and record private rounds test AI boom limits
Key Questions
What valuation and funding did Anthropic achieve in its latest round?
Anthropic closed a $65B Series H round at a $965B post-money valuation with $47B in revenue and expects its first profit. Lead investors included Altimeter, Dragoneer, Greenoaks, and Sequoia, each contributing over $2B.
Has OpenAI filed for an IPO and what is the expected timeline?
OpenAI has filed its S-1 and is part of a three-way IPO race with Anthropic and SpaceX. The IPO is expected in Q4 2026.
What other major moves has Anthropic made alongside its funding?
Anthropic secured a $35B compute expansion deal with Broadcom. It also filed its S-1 as part of the IPO wave.
How is the Trump administration involved in OpenAI developments?
The administration is discussing an equity stake in OpenAI while advancing a federal AI plan that commits billions in support.
What acquisition did OpenAI recently complete?
OpenAI acquired Ona to expand enterprise AI tools, focusing on secure pre-configured cloud environments for AI agents.
Anthropic filed S-1, $65B Series H at $965B val, $47B revenue, expects first profit. Lead investors: Altimeter, Dragoneer, Greenoaks, Sequoia each $2B+. Chipmakers joined. Anthropic also secured $35B compute expansion via Broadcom. OpenAI also filed S-1, three-way IPO race with SpaceX. Trump administration discussing equity stake in OpenAI. Federal AI plan commits billions. Market sell-off adds tension. OpenAI acquired Ona to expand enterprise AI tools. IPO expected Q4 2026.