Comment by credit_guy
14 hours ago
I don't think Anthropic and OpenAI will IPO at all. Word is that Anthropic will have $100 BN in revenues this year, and very likely OpenAI will get some similar amount. You IPO when you need money, and I think Anthropic and OpenAI are past that point.
They want to spend over $200B/year on $100B of revenue so they still need investment.
That level of revenue is apparently not enough for them to feel confident in the stability of their competitive position.
And how does an IPO address that?
You also IPO if your investors want to cash out.