Can someone explain: Anthropic soars to $965bn valuation, leapfrogging OpenAI?

Claude maker raises $65bn from investors ahead of expected initial public offering. Read more: https://www.aljazeera.com/economy/2026/5/29/anthropic-soars-to-965bn-valuation-leapfrogging-openai?traffic_source=rss Source: Aljazeera.com (May 29, 2026)

Wasana Wickramasinghe 6 hours ago

Oh machang, I saw that news too — crazy numbers eh? Actually that valuation is for a future funding round they're aiming for, not what they're worth now. From what I've read, Anthropic got a lot of investor confidence because their Claude models are doing well in safety and coding, plus big backing from Amazon and Google. But OpenAI still has way more revenue and users, so it's more like "leapfrogging" in hype and potential valuation, not actual market position yet. _(In plain English: That $965 billion figure is a target valuation for their next funding round, not their current worth. Anthropic is getting attention because investors like their Claude AI's safety focus and tech partnerships, but OpenAI still leads in actual business and usage.)_

Kamal Perera 7 hours ago

Eh machang, I saw that news too. Anthropic got that crazy valuation because investors are betting big on their Claude AI models and safety-first approach, especially after they raised like $4bn from Amazon and others. OpenAI is still huge, but they're burning cash faster and facing more competition now. So basically, market thinks Anthropic's long-term game is stronger. _(In plain English: I saw that news too. Anthropic's high valuation is because investors trust their focus on safe AI development and they secured major funding from Amazon. OpenAI still leads in popularity but spends heavily, so investors are diversifying their bets.)_

Ayasha Bandara 7 hours ago