The largest IPO in AI history is approaching! Anthropic's valuation is nearing one trillion dollars, and its revenue growth has outpaced OpenAI.

According to informed sources, Anthropic is working to enhance investor confidence in preparation for what could be the largest IPO in history, amid concerns over the financial stability of AI companies. The AI startup, valued at $965 billion, aims to go public in September or early October, ahead of its biggest competitor OpenAI, which is expected to list sometime next year. Potential investors are worried about the challenges facing Anthropic, such as the growing prevalence of cheaper Chinese AI systems, rising tensions with the U.S. government, and public backlash against data center construction. Sources revealed that Anthropic has assured investors of its rapid growth while downplaying the threat posed by Chinese competition. Company executives have promised investors that Anthropic is intensely focused on developing cutting-edge AI models. The company has also shared its plans to expand into AI applications in healthcare and biology with some investors, which could help alleviate some of the negative sentiment surrounding the technology. The company did not disclose specific pricing plans or timelines. As the AI competition continues to heat up, Anthropic has stood out thanks to its blockbuster coding tool, Claude Code. Its run-rate revenue surpassed $47 billion in May, far exceeding OpenAI's approximate $25 billion.