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Saturday, Sep 19, 2026
1 story1 Anthropic Targets Record November IPO and New Model to Combat OpenAI Astra AI Sep 19, 9:10 AM EDT 57/37
A new artificial intelligence model release is under consideration to protect enterprise market share against GPT-6 Astra. Ramp data shows that the OpenAI tool accounts for 13% of business AI spending, compared with 8% for Claude Fable. Anthropic targets a public listing in November following a $65 billion annualized revenue run rate in July, which surpassed OpenAI's $40 billion.
This potential launch follows a call from CEO Dario Amodei for an industry-wide slowdown in AI development to address safety risks. Investors suggest the firm could reach a $4 trillion valuation after listing, with 2028 revenue projections between $190 billion and $200 billion. The company will meet with institutional investors in the coming days after OpenAI overtook Anthropic in weekly OpenRouter spending for the first time in 2.5 years.