How Anthropic just overtook its rival OpenAI

TechnologyBusiness & Finance
24 Apr 2026 • 12:41 AM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

How Anthropic just overtook its rival OpenAI

  • Anthropic, the artificial intelligence firm behind the Claude chatbot, has reportedly reached a $1 trillion valuation on secondary markets, surpassing its main competitor, OpenAI.
  • This new valuation on Forge Global is significantly higher than the $380 billion it was valued at just three months prior.
  • In contrast, ChatGPT creator OpenAI is currently trading at approximately $880 billion on Forge Global, aligning closely with its last funding round valuation.
  • The surge in Anthropic's valuation is attributed to a shortage of available shares and intense investor interest, with shareholders receiving numerous unsolicited offers.
  • Investor confidence is further fuelled by Anthropic's rapid revenue growth, with its annualised run rate projected to increase from $9 billion in late 2025 to $39 billion by March 2026.

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