Anthropic files IPO paperwork, aims to outpace OpenAI in public-market race

OpenAI and Anthropic have both filed paperwork for an IPO, sparking a race to tap public markets for billions in funding. OpenAI filed confidentially, potentially eyeing a December 2026 public offering while maintaining focus on AI products and infrastructure. This strategic move by both companies intensifies competition within the AI sector, potentially reshaping global tech dynamics and market access as these rivals compete to outpace each other in the public-market race for ambitious growth.