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The Independent UK
The Independent UK
National
Matt O'Brien

Anthropic hits a $380B valuation as it heightens competition with OpenAI

OpenAI-Anthropic-Rivalry - (Copyright 2019 The Associated Press. All rights reserved)

Artificial intelligence company Anthropic says it is now valued at $380 billion, cementing its position alongside rival OpenAI and Elon Musk’s SpaceX in a trio of the world’s most valuable startups that investors will be watching closely this year to see if they will become publicly traded on Wall Street.

“These are the three biggest names that could go public this year,” said Angelo Bochanis, an associate at Renaissance Capital, which researches the potential for initial public offerings.

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