The $900 Billion Giant: How Anthropic Got So Big, So Fast
The $900 Billion Giant: How Anthropic Got So Big, So Fast
https://www.nytimes.com/2026/05/29/business/dealbook/anthropic-ai-openai.html
Publish Date: 2026-05-29 08:23:00
Source Domain: www.nytimes.com
- The valuation of Anthropic has surpassed that of OpenAI, becoming the leading AI startup in Silicon Valley with a $900 billion valuation compared to OpenAI’s $730 billion valuation, excluding the $122 billion raise by OpenAI.
- Anthropic’s technological advancements, particularly their Claude models and the Mythos model for cybersecurity, have driven their market lead over OpenAI.
- Both companies are competing fiercely for dominance in the AI market, each aiming for potentially trillion-dollar IPOs, which could reshape private and public markets.
- The future of a speculative deal between iHeartMedia and SiriusXM has been put on hold due to unresolved terms and with an uncertain revival potential in their competitive audio market.
- Dell Technologies shares experienced a significant boost post-earnings forecast for AI-powered server sales, raising ethical scrutiny over President Trump’s investments in the company.
- Adam H. Schechter discusses how LabCorp is utilizing AI to enhance their service and operational efficiency, including an AI tool for scouting the best World Cup games and simplifying lab result reviews.
