Anthropic on Monday announced that it has filed confidential IPO papers with the U.S.
Securities & Exchange Commission
Why it matters: Three companies could enter the public markets with valuations of at least $1 trillion — something that never before had even happened once. – SpaceX is expected to be first, with its IPO anticipated later this month. Catch up quick: Anthropic last week raised $65 billion in Series H funding at a $965 billion post-money valuation, led by insiders Altimeter, Dragoneer, Greenoaks, and Sequoia Capital. – It was the largest “venture capital” round of all time and saw Anthropic leapfrog rival OpenAI on valuation. Zoom in: Confidential IPO filings allow companies to solicit feedback from securities regulators before sharing their information with prospective investors. – If Anthropic moves forward, it will file a publicly available S-1, which would include financial data, risk factors, and more. – The actual IPO would come around a month later.
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