Anthropic’s accelerated path to a late-2026 IPO, with a confidential S-1 filed in early June and a public prospectus expected after Labor Day, underpins the 67.5% market-implied odds that it will close its debut at a higher market cap than OpenAI. The company’s annualized revenue run rate has climbed from roughly $9 billion at the end of 2025 to $65 billion by July 2026, supporting banker discussions around a potential $2 trillion valuation and a record-sized raise. In contrast, OpenAI filed its S-1 one week later, last valued privately at $852 billion, and has signaled a likely 2027 listing as it holds out for a $1 trillion target amid post-SpaceX market volatility. Key near-term catalysts include Anthropic’s upcoming roadshow and any fresh revenue disclosures that could widen or narrow the valuation gap before either listing.
Tóm tắt AI thử nghiệm tham chiếu dữ liệu Polymarket. Đây không phải tư vấn giao dịch và không ảnh hưởng đến cách thị trường này được giải quyết. · Cập nhậtAnthropic
Anthropic
This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2028, 11:59 PM ET.
- Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Thị trường mở: Aug 19, 2026, 12:23 PM ET
Người giải quyết
0x65070BE91...This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day.
This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2028, 11:59 PM ET.
- Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.
Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.
It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.
If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.
The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.
In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Người giải quyết
0x65070BE91...Anthropic’s accelerated path to a late-2026 IPO, with a confidential S-1 filed in early June and a public prospectus expected after Labor Day, underpins the 67.5% market-implied odds that it will close its debut at a higher market cap than OpenAI. The company’s annualized revenue run rate has climbed from roughly $9 billion at the end of 2025 to $65 billion by July 2026, supporting banker discussions around a potential $2 trillion valuation and a record-sized raise. In contrast, OpenAI filed its S-1 one week later, last valued privately at $852 billion, and has signaled a likely 2027 listing as it holds out for a $1 trillion target amid post-SpaceX market volatility. Key near-term catalysts include Anthropic’s upcoming roadshow and any fresh revenue disclosures that could widen or narrow the valuation gap before either listing.
Tóm tắt AI thử nghiệm tham chiếu dữ liệu Polymarket. Đây không phải tư vấn giao dịch và không ảnh hưởng đến cách thị trường này được giải quyết. · Cập nhật

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