AI Mega-Labs Race to $1T

Anthropic ($65B Series H, $965B val) and OpenAI ($122B, $852B val) both targeting $1T valuations and IPOs in 2026. Anthropic's revenue run rate $47B, OpenAI's $30B. Duopoly dominates 80% of private AI market. New: Anthropic in talks to acquire Decart for $6B (world model AI). Thrive Holdings (OpenAI-backed) raises $2B at $12B for enterprise AI deployment.