Anthropic CEO joins rival AI leaders at G7 summit

Anthropic Reaches $965 Billion Valuation, Files for IPO as AI Race Intensifies

Anthropic has vaulted past OpenAI to become the world’s most valuable AI startup after closing a $65 billion Series H funding round that pushed its post-money valuation to $965 billion, surpassing OpenAI’s roughly $852 billion valuation for the first time. The company followed up days later by confidentially filing an S-1 registration statement with the SEC on June 1, setting the stage for a public offering that could come as early as October 2026.anthropic

A Record-Breaking Round

The Series H, announced May 28, was co-led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, with Capital Group, Coatue, D1 Capital Partners, GIC, and ICONIQ as co-leads. The round included $15 billion in previously committed investments from hyperscalers, including $5 billion from Amazon. Nearly tripling Anthropic’s valuation from its $380 billion mark in February, the raise made it the most valuable private company in history.teahose

Anthropic’s confidential S-1 filing gives regulators time to review financial statements before an investor prospectus becomes public. The company said the filing “gives us the option to go public after the SEC completes its review” but noted the offering would “depend on market conditions and other factors”. Bloomberg first reported in March that Anthropic was weighing an October 2026 listing, and multiple outlets have since confirmed that timeline remains the target.theguardian

Seoul Office and Global Expansion

On Tuesday, Anthropic officially opened its Seoul office, its third in the Asia-Pacific region after Tokyo and Bengaluru. Led by KiYoung Choi, former head of Snowflake Korea, the office will serve as a hub for enterprise partnerships and talent recruitment across Asia. Companies including LG CNS, Samsung SDS, and Naver are integrating Claude into their workflows, while Anthropic announced research collaborations with Korea’s National AI Research Laboratory consortium.odaily

AI Leaders at the G7

On Wednesday, CEO Dario Amodei joined OpenAI’s Sam Altman and Google DeepMind’s Demis Hassabis at a working lunch with G7 heads of state in Évian-les-Bains, France — the first time the three rival AI leaders appeared together at the summit. The discussions centered on AI safety standards and regulated access to frontier models, with Amodei calling for international cooperation on cybersecurity and biosecurity threats while excluding China from chip trade agreements, according to sources familiar with the meeting. The gathering came amid tension over a U.S. decision to restrict foreign access to Anthropic’s most advanced models.bloomberg