OpenAI rival Anthropic makes its IPO filing public as the race to dominate Wall Street’s AI trade heats up

Anthropic is officially preparing to go public, and Wall Street is about to get another major AI stock to trade. The five-year-old company behind Claude has published its IPO paperwork after secretly filing with the SEC in June. It plans to list on the Nasdaq under ANT, although its debut still isn’t guaranteed. AI stocks rally despite growing fears over industry spending CEO Dario Amodei founded Anthropic in 2021 with researchers who left OpenAI. Since then, businesses have spent heavily on Claude, hoping AI can cut costs and generate revenue. Growth accelerated this year through Claude Code and models including Fable 5 and Mythos 5. But competition from OpenAI and Google is fierce.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.