Yahoo Finance
A dollar buys a dollar's worth because we all act as if it does, and a company is worth whatever the next buyer will pay, not a penny more.
For most of the past century, the biggest stores of that belief were countries and the giant public companies their citizens could actually own a slice of.
You could buy Coca-Cola, your local bank, or the carmaker down the highway, and the value sat in plain sight on a stock exchange.
Some of the most valuable enterprises on Earth are now private, held by venture funds and insiders rather than the public, and ordinary investors stay locked out until the company decides to let them in.
The hottest of them all just took two steps that bring it closer to your brokerage account.
Anthropic, the artificial intelligence (AI) lab behind the Claude chatbot, confidentially filed for an initial public offering (IPO) on June 1.
A day later, it scaled its most powerful model to critical infrastructure across more than 15 countries.
Anthropic, founded in 2021 by a group of researchers who left OpenAI, raised $65 billion in a Series H round on May 28.
The deal valued it at about $965 billion and pushed it past OpenAI as the most valuable AI startup in the world, according toCNBC.
Micron sits at the center of a red-hot chip rally IBM CEO sends blunt message on AI and quantum computing Anthropic CEO makes shocking admission about AI The filing drops Anthropic into a three-way sprint for the public markets.SpaceXis expected to list first, with Anthropic and OpenAI racing to be the second company ever to go public near or above a $1 trillion valuation,Axiosreported.
When I ran Anthropic's valuation against the IMF's 2025GDPtable, the AI lab landed around the world's 20th-largest economy, bigger than the yearly output of entire nations.
Anthropic's roughly $965 billion valuation tops the 2025 gross domestic product (GDP) of Belgium, Sweden, or Argentina, based onIMFfigures.
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