Anthropic, OpenAI Are Making Other AI Bets Feel Like Second Prize

Anthropic is pressing ahead with IPO plans that could make its market debut feel like a close race with other AI players, according to Bloomberg reporting. The company, known for its Claude models, is meeting with investors as banks line up meetings in the coming weeks, targeting an IPO as early as October. Anthropic has hired Morgan Stanley, Goldman Sachs, and JPMorgan Chase to manage the process, though details remain fluid. Founded in 2021 by former OpenAI employees, Anthropic has positioned itself as a major enterprise AI supplier for areas such as coding and cybersecurity. Bloomberg also reports that advisers outlined options for OpenAI CEO Sam Altman: waiting until 2027 to reach a “trillion-dollar” mark or listing in 2026 at a smaller valuation, which Altman rejected as a “non-starter.” Separately, DeepSeek may debut via IPO as early as this year.