Anthropic confidentially files for IPO after raising $65 billion in a funding round at a $965 billion valuation

Anthropic PBC has confidentially submitted draft paperwork for a public listing as it races longtime rival Open AI to make a Wall Street debut as soon as this fall. “The number of shares to be offered and the price have not yet been set,” the company said in a blog post Monday. The Claude maker recently raised $65 billion in a funding round at a $965 billion valuation, including the investment, eclipsing rival Open AI’s value for the first time. Anthropic has seen a surge in demand as customers look to use its tools to streamline coding and other tasks. Anthropic and rival OpenAI have been one-upping each other in recent months as they’re both pursuing public listings. Rival OpenAI itself was said to be preparing its own confidential filing for an initial public offering in the coming weeks and was targeting a public debut sometime in the fall, Bloomberg reported in May. This story was originally featured on Fortune.com