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OpenAI is preparing for an initial public offering that could value the company at up to $1 trillion, possibly filing as early as late 2026 or 2027. The move follows a restructuring that reduces its reliance on Microsoft and aims to support its ambitious AI infrastructure plans, despite ongoing financial losses.
Anthropic, the company behind the Claude chatbot, is in early discussions for a major IPO, possibly next year. They've secured commitments from Microsoft and Nvidia, valuing the startup over $300 billion, while also preparing for a public offering to compete with OpenAI.