OpenAI Just Filed for an IPO After Anthropic Beat It to the Punch. Here's What That Means for the AI Investing Race.

OpenAI filed for an IPO following Anthropic's confidential IPO filing, marking a shift in AI investment from private to public markets. Both companies are expected to reach ~$1 trillion valuations. The IPOs will bring greater transparency, enable retail investor access, and broaden AI investment opportunities beyond infrastructure plays to direct generative AI model investments.