OpenAI files for IPO, following Anthropic
… Altman trial, and ahead of Musk-owned SpaceX’s planned June 12 IPO. SpaceX’s public debut is currently set to raise $80 billion and become the biggest IPO of all time. …
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Anthropic has officially filed to go public
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. …
Musk vs. Altman is here, and it’s going to get messy
… Any scandalous information about OpenAI’s C-suite could derail the IPO. Musk is also potentially vulnerable to mud-slinging. Musk’s SpaceX has filed confidentially for an IPO, which may happen as soon as June. …
Grok schlock panned by fed flock
… The rocket venture’s IPO filing shows the company has put AI — and Grok specifically — at the heart of its pitch to investors. …
Anthropic is paying $15 billion a year for access to Elon Musk’s data centers
… 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. …
Larry Ellison’s betting everything on OpenAI. Will it pay off or pop the bubble?
… If and when the mandatory paperwork associated with an IPO filing is made public, we’ll get a sense of exactly how challenging the environment is for OpenAI — but it seems that OpenAI doesn’t have an easy road to do everything it’s trying to do and still stay solvent. …
Ronan Farrow on Sam Altman’s “unconstrained” relationship with the truth
… OpenAI is right on the cusp of an IPO. …
You’re about to feel the AI money squeeze
… Anthropic, which primarily builds for enterprise clients, has been going all in on its coding efforts, and OpenAI has recently pledged to mirror Anthropic’s focus on coding and enterprise, ahead of both companies reportedly racing each other to IPO by the end of 2026. …
That UL logo is more complicated than it looks
… We’re profiling more and more of these companies here at The Verge all the time. …