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.

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wmf 6 hours ago | parent | next [-]

They want to spend over $200B/year on $100B of revenue so they still need investment.

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PantaloonFlames 5 hours ago | parent | prev | next [-]

That level of revenue is apparently not enough for them to feel confident in the stability of their competitive position.

	▲	credit_guy 2 hours ago \| parent [-]
		And how does an IPO address that?

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fifilura 6 hours ago | parent | prev [-]

You also IPO if your investors want to cash out.