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Apr 15, 2026

Anthropic Valuation Reaches $380B as Investors Reconsider OpenAI's $852B Price Tag

Investors who backed both companies told Financial Times that justifying OpenAI's recent funding round required assuming an IPO valuation of $1.2 trillion or more, while Anthropic's current $380 billion valuation appears more sustainable, causing some OpenAI investors to have second thoughts.

Apr 15, 2026·2 sources
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Top claims

  • ▪OpenAI is scrambling to reorient itself around enterprise customers.
  • ▪One investor who has backed both OpenAI and Anthropic said justifying OpenAI's funding round required assuming an IPO valuation of $1.2 trillion or more.
  • ▪Secondary market demand for Anthropic shares has become nearly insatiable as of April 2026.

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