Anthropic hits a $380B valuation as it heightens competition with OpenAI

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Artificial intelligence company Anthropic says it is now valued at $380 billion, cementing its position alongside rival OpenAI and Elon Musk’s SpaceX in a trio of the world’s most valuable startups that investors will be watching closely this year to see if they will become publicly traded on Wall Street.

“These are the three biggest names that could go public this year,” said Angelo Bochanis, an associate at Renaissance Capital, which researches the potential for initial public offerings.

Anthropic, maker of the chatbot Claude, said Thursday…



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Anthropic hits a $380B valuation as it heightens competition with OpenAI


Artificial intelligence company Anthropic says it is now valued at $380 billion, cementing its position alongside rival OpenAI and Elon Musk’s SpaceX in a trio of the world’s most valuable startups that investors will be watching closely this year to see if they will become publicly traded on Wall Street.

“These are the three biggest names that could go public this year,” said Angelo Bochanis, an associate at Renaissance Capital, which researches the potential for initial public offerings.

Anthropic, maker of the chatbot Claude, said Thursday…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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