The Information
Anthropic’s filing of its initial public offering paperwork last week means the maker of Claude Code has pulled slightly ahead of OpenAI as the two go head-to-head with their planned IPOs. While bankers and lawyers say there are good reasons for a company to beat its rival to the public markets, especially if it fears its rival’s offering will outshine it, that won’t necessarily help the stock outperform, a review of rivaling IPOs from the last decade shows.
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