Anthropic confidentially files for IPO

Summary

CNBC's Kate Rooney reports that Anthropic has confidentially filed for an IPO with the SEC, joining a wave of tech companies preparing to go public. The filing does not guarantee an IPO but allows the company to be ready depending on market conditions, and it comes after a massive private financing round at a near-$1 trillion valuation. The move is seen as competitive with OpenAI, which has also been considering a confidential IPO filing.

• Anthropic confidentially filed IPO paperwork with the SEC.
• The filing gives the option to go public but does not guarantee it.
• Anthropic's rival OpenAI has also been considering a confidential IPO filing.
• Anthropic recently closed a $65 billion financing round at a $965 billion valuation.
• The company is sprinting to be on par with OpenAI in going public.
• Key pre-IPO investors include Altimeter, Dragoneer, Sequoia, T Rowe, and Fidelity.
• Market conditions will influence whether the IPO actually happens.
• The rivalry between Anthropic and OpenAI is intensifying in the enterprise space.