OpenAI vs. Anthropic: The IPO Race Heats Up

Prediction markets indicate Anthropic is more likely to IPO before OpenAI, with a 76% probability on Kalshi.

OpenAI vs  comparison
Prediction markets are actively forecasting which AI giant will go public first.
Visual TL;DR
IPO Race Heats UpDriver
From the articleThe race for an OpenAI Anthropic IPO is intensifying, with prediction markets offering a glimpse into investor sentiment.
Anthropic's StrengthsCore
strategic partnerships and rapid Claude model development
From the article 6 mentionsAccording to Kalshi, a platform for event-based trading, the market currently leans towards Anthropic making its public debut before OpenAI.
Prediction MarketsContext
investor sentiment tracked on Kalshi platform
From the article 4 mentionsThe prediction market suggests a belief that Anthropic may be better positioned for an earlier public offering.
Anthropic IPO LikelihoodOutcome
From the article 3 mentionsKalshi's data shows that traders are assigning a 76% probability to Anthropic being the first to IPO, compared to OpenAI's 27%.
OpenAI IPO LikelihoodOutcome
27% probability assigned by traders on Kalshi
From the article 3 mentionsWill OpenAI or Anthropic IPO first?, Trade on Kalshi
Market InterestEffect
From the article 4 mentionsThis market, tracking an IPO before 2040, has generated a combined trading volume of $279.7K, indicating considerable interest in the future of these AI giants.

The race for an OpenAI Anthropic IPO is intensifying, with prediction markets offering a glimpse into investor sentiment. According to Kalshi, a platform for event-based trading, the market currently leans towards Anthropic making its public debut before OpenAI.

StartupHub data

Companies working on this

Profiles of the companies named in this story, with funding and a one-liner from our database.

Kalshi
$22.0B
Regulated exchange for trading on the outcome of future events.
OpenAI
Private / $100B+ est
OpenAI is an AI research and deployment company dedicated to ensuring that artificial general intelligence benefits all of humanity.
Anthropic
Private / $100B+ est
Anthropic is an AI safety and research company building reliable, interpretable, and steerable AI systems, best known for the Claude family of models.

The Prediction Market Snapshot

Kalshi's data shows that traders are assigning a 76% probability to Anthropic being the first to IPO, compared to OpenAI's 27%. This market, tracking an IPO before 2040, has generated a combined trading volume of $279.7K, indicating considerable interest in the future of these AI giants.

This is a significant spread.

While OpenAI has been a dominant force in the AI landscape, Anthropic's strategic partnerships and rapid development of its Claude models have positioned it as a formidable competitor. The prediction market suggests a belief that Anthropic may be better positioned for an earlier public offering.

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Daniel Singer

Written by

Daniel Singer

Editor, StartupHub.ai

Daniel Singer is the editor of StartupHub.ai, a technology expert and thought leader on AI and its applications across sectors, from fintech and healthcare to developer tooling and consumer software. He writes and tests the tools covered here thoroughly and regularly, and built StartupHub.ai to give founders, operators and buyers a clearer read on what they are actually being sold.

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