ComparisonAnthropic vs OpenAI: Valuation, Revenue and IPO Plans Compared
Anthropic's $965B valuation beats OpenAI's last disclosed $852B figure, and both have filed confidential IPO paperwork. Here is what each company has actually confirmed, versus what is only reported.
NewsAnthropic IPO Filing Shows $42 Billion Loss, $4.6B Revenue
Anthropic's draft S-1, reviewed by Reuters, shows revenue up 12-fold to $4.6 billion in 2025, a $42 billion net loss built on a non-cash charge, and $518 billion in spending plans.
NewsAnthropic IPO: Date, Valuation and What We Know So Far
Anthropic filed a confidential S-1 in June 2026. Here's what the company has confirmed about its IPO, and what remains reported but unverified.