OpenAI on Monday checked off a preliminary step in the IPO race that it and rival Anthropic have been competing in for the better part of a year: The company announced it has confidentially submitted a Form S-1 with the US Securities and Exchange Commission, following Anthropic’s decision to do the… …
After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission. The filing sets the stage for what’s sure to be a massive IPO. …
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Days after its massive IPO, SpaceX says it is spending $60 billion to buy Cursor — a bet designed to help Elon Musk’s sprawling rocket / AI / social media behemoth win over lucrative enterprise customers and close the gap with AI rivals like Anthropic and OpenAI. …
… OpenAI’s models, by comparison, appeared in more than 230 examples, while Google and Anthropic each appeared dozens of times. …
… And Anthropic, as part of its compute deal with “SpaceXAI”, is paying the company $1.25 billion per month through May 2029, per the filing and as reported by Axios. Update, May 20th: Added details about xAI’s revenue and Anthropic’s payments.
… Anthropic’s surprise Claude Mythos Preview announcement seemed to shock the AI world — and a ton of others, like top banks and the Federal Reserve chair. …
… Now, with the release of SpaceX’s IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk’s company. …
… But Anthropic is ahead in coding. Anthropic is ahead in a lot of places. …
… Other executives have nevertheless expressed a desire to beat Anthropic to the public market. Any scandalous information about OpenAI’s C-suite could derail the IPO. …