Article

Three prominent AI companies, Anthropic, OpenAI, and SpaceX, are preparing for initial public offerings (IPOs) with high valuations; Anthropic could reach $350 billion, OpenAI $500 billion, and SpaceX $800 billion. The IPO activity follows a decline in 2022, with only 202 companies going public, raising $44 billion.

SpaceX is advancing its plans and aims to utilize funds for AI data centers. Anthropic and OpenAI are earlier in their processes, with Anthropic seeking legal assistance for preparations. Concerns remain about their financial sustainability and the potential impact of these IPOs on the market.