#AnthropicFilesForIPO Anthropic just confidentially filed its S-1 with the SEC. IPO process is officially on 🚀 $965B post-money valuation after closing a $65B Series H. Annualized revenue run rate just broke $47B. And they've now surpassed OpenAI as the world's highest-valued private AI company 👀 $965B valuation on $47B revenue = roughly 20x price-to-sales. For context that's pricing in a lot of future growth before a single public share trades 🤔 The confidential filing means the actual IPO is still months away. But the valuation is already set. Which means by the time it lists, the competitive landscape with OpenAI could look completely different 💀 When Anthropic IPO day comes — does being the "enterprise AI" play at 20x sales look like a bargain or a stretch? And who's in a better position by then, Anthropic or OpenAI? 👇