Anthropic files confidential IPO ahead of OpenAI, seeking first-mover advantage in AI fundraising

Anthropic PBC filed a confidential IPO on Monday, moving ahead of OpenAI in the race to go public and access U.S. capital markets.

The first AI startup to reach the public market aims to secure an immediate advantage in obtaining chips, data centers, and talent needed to build AI models.

Both Anthropic and OpenAI are competing in private funding rounds and IPO progress because early market entry is seen as critical to winning the competition for computing power and resources.