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Anthropic Is Now Worth $1 Trillion on Private Markets, Surpassing OpenAI

Buyers are bidding up Anthropic shares as scarce supply and FOMO drive offers as high as $1.15 trillion, traders said.

  • Anthropic reached a $1 trillion valuation on Forge Global, according to CEO Kelly Rodriques, a massive surge from its $380 billion funding round three months ago.
  • A shortage of available shares for the Claude developer has triggered desperate bidding wars, with some buyers even offering property in exchange for stakes in the company.
  • Market demand is driven by "FOMO" rather than fundamentals, according to Wisdom Ventures partner Bradley Horowitz, as early backer Jesse Leimgruber reported receiving offers at a $1.05 trillion valuation.
  • OpenAI faces a tepid secondary market, with shares trading at $880 billion on Forge Global, as Rainmaker Securities CEO Glen Anderson noted little demand for the ChatGPT creator this year.
  • Anthropic's annualized run rate surged from $9 billion in late 2025 to $39 billion by March 2026, positioning the company in the "pole position" for a generational AI opportunity.
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Investors compete to ensure a declining number of Anthropogenic secondary shares, which pushed the valuation of the artificial intelligence company on some trading platforms to a trillion dollars, a level that would have seemed unconceived even a few weeks ago, reports Business Insider. At the same time, ...

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Business Insider broke the news in United States on Thursday, April 23, 2026.
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