Anthropic Surpasses OpenAI in Valuation as Both AI Startups Approach IPOs

San Francisco-based Anthropic has surpassed rival OpenAI with a $965 billion valuation, driven by its latest funding round and product innovations. The company raised $65 billion in Series H financing led by major investors including Amazon. This rapid growth positions Anthropic as the most valuable AI startup ahead of potential IPOs.

By Jennifer Mattson Fri, May 29, 2026 at 10:00 PM GMT+3 2 min read · Yahoo Finance ·

Anthropic Surpasses OpenAI in Valuation as Both AI Startups Approach IPOs

Tickers: $AMZN

Topics: AI funding_round IPOs valuation

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