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icon for Anthropic or OpenAI: higher IPO closing market cap?
Pananalapi·AI

Anthropic or OpenAI: higher IPO closing market cap?

icon for Anthropic or OpenAI: higher IPO closing market cap?
Pananalapi·AI

Anthropic or OpenAI: higher IPO closing market cap?

Anthropic

81% tsansa
Polymarket
BAGO

Anthropic

81% tsansa
Polymarket
BAGO
This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day. This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day. This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded. This market will resolve 50-50 if: - Neither IPO occurs by December 31, 2028, 11:59 PM ET. - Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal. - Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Anthropic's stronger fundamentals and accelerated IPO timeline underpin the 80.5% market-implied odds that its closing market cap will exceed OpenAI's. After a May 2026 Series H round valuing Anthropic at $965 billion—surpassing OpenAI's $852 billion March mark—Anthropic reported roughly double the annualized recurring revenue (~$47 billion versus OpenAI's lower run rate) alongside a clearer path to operating profit. Both filed confidential S-1s in June, yet Anthropic targets a fall 2026 debut with secondary trading already implying over $1 trillion, while OpenAI has signaled a potential 2027 delay amid larger cash-burn concerns and SpaceX comps. Traders weigh Anthropic's enterprise-focused Claude large language models, hyperscaler partnerships, and revenue momentum as durable advantages likely to support a premium public valuation at listing.

This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day.

This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day.

This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2028, 11:59 PM ET.
- Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.

It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.

If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.

The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.

In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Volume
$9
Petsa ng Pagtatapos
Dec 31, 2028
Binuksan ang Market
Aug 19, 2026, 12:23 PM ET

Resolver

0x65070BE91...
This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day. This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day. This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded. This market will resolve 50-50 if: - Neither IPO occurs by December 31, 2028, 11:59 PM ET. - Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal. - Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day. This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day. This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded. This market will resolve 50-50 if: - Neither IPO occurs by December 31, 2028, 11:59 PM ET. - Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal. - Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.Anthropic's stronger fundamentals and accelerated IPO timeline underpin the 80.5% market-implied odds that its closing market cap will exceed OpenAI's. After a May 2026 Series H round valuing Anthropic at $965 billion—surpassing OpenAI's $852 billion March mark—Anthropic reported roughly double the annualized recurring revenue (~$47 billion versus OpenAI's lower run rate) alongside a clearer path to operating profit. Both filed confidential S-1s in June, yet Anthropic targets a fall 2026 debut with secondary trading already implying over $1 trillion, while OpenAI has signaled a potential 2027 delay amid larger cash-burn concerns and SpaceX comps. Traders weigh Anthropic's enterprise-focused Claude large language models, hyperscaler partnerships, and revenue momentum as durable advantages likely to support a premium public valuation at listing.

This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day.

This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day.

This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

This market will resolve 50-50 if:
- Neither IPO occurs by December 31, 2028, 11:59 PM ET.
- Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal.
- Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.

Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency.

It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.

If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.

The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page.

In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Volume
$9
Petsa ng Pagtatapos
Dec 31, 2028
Binuksan ang Market
Aug 19, 2026, 12:23 PM ET

Resolver

0x65070BE91...
This market will resolve to "Anthropic" if the official closing price for Anthropic's market capitalization on its first trading day is above the official closing price for OpenAI's market capitalization on its first trading day. This market will resolve to "OpenAI" if the official closing price for OpenAI's market capitalization on its first trading day is above the official closing price for Anthropic's market capitalization on its first trading day. This market will resolve to the company that completes an Initial Public Offering (IPO) by December 31, 2028, 11:59 PM ET, if the other company does not complete an IPO within the market timeframe. This market will resolve to the IPOed company as soon as it becomes impossible for the other company to complete an IPO within the market timeframe, including due to acquisition, merger, or absorption by an entity that is already publicly traded. This market will resolve 50-50 if: - Neither IPO occurs by December 31, 2028, 11:59 PM ET. - Both Anthropic and OpenAI complete an IPO within this market's timeframe, and their IPO closing market capitalizations are exactly equal. - Both companies become unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded. Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.

Kaugnay

icon for Will Anthropic’s market cap be $600B or greater at market close on IPO day by December 31, 2027?

Will Anthropic’s market cap be $600B or greater at market close on IPO day by December 31, 2027?

95%
icon for Will Anthropic’s market cap be 1.8T or greater at market close on IPO day by December 31 2027?

Will Anthropic’s market cap be 1.8T or greater at market close on IPO day by December 31 2027?

74%
icon for Will Anthropic's market cap be between $1.75T and $2.0T at market close on IPO day?

Will Anthropic's market cap be between $1.75T and $2.0T at market close on IPO day?

18%

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Mga Madalas na Tanong

Ang "Anthropic or OpenAI: higher IPO closing market cap?" ay isang prediction market sa Polymarket na may 2 posibleng outcomes kung saan bumibili at nagbebenta ang mga trader ng shares batay sa kanilang pinaniniwalaan na mangyayari. Ang kasalukuyang nangunguna ay "Anthropic or OpenAI: higher IPO closing market cap?" sa 81%. Ang mga presyo ay sumasalamin sa real-time crowd-sourced probabilities. Halimbawa, ang isang share na naka-presyo sa 81¢ ay nagpapahiwatig na kolektibong itinatakda ng market ang 81% na tsansa sa outcome na iyon. Patuloy na nagbabago ang mga odds na ito habang tumutugon ang mga trader sa mga bagong development at impormasyon. Ang mga shares sa tamang outcome ay mare-redeem sa $1 bawat isa sa market resolution.

Ang "Anthropic or OpenAI: higher IPO closing market cap?" ay isang bagong likhang market sa Polymarket, inilunsad noong Aug 19, 2026. Bilang isang maagang market, ito ang iyong pagkakataon na maging kabilang sa mga unang trader na magtakda ng odds at mag-establish ng mga paunang price signal ng market. Maaari mo ring i-bookmark ang pahinang ito para subaybayan ang volume at trading activity habang lumalaki ang market sa paglipas ng panahon.

Para mag-trade sa "Anthropic or OpenAI: higher IPO closing market cap?," i-browse ang 2 available na outcomes na nakalista sa pahinang ito. Ang bawat outcome ay may kasalukuyang presyo na kumakatawan sa implied probability ng market. Para kumuha ng posisyon, piliin ang outcome na pinaniniwalaan mong pinaka-malamang, piliin ang "Yes" para mag-trade pabor dito o "No" para mag-trade laban dito, ilagay ang iyong halaga, at i-click ang "Trade." Kung tama ang iyong napiling outcome kapag na-resolve ang market, nagbabayad ang iyong "Yes" shares ng $1 bawat isa. Kung mali, nagbabayad ang mga ito ng $0. Maaari ka ring magbenta ng iyong shares anumang oras bago ang resolution kung gusto mong i-lock in ang kita o bawasan ang pagkalugi.

Ang kasalukuyang frontrunner para sa "Anthropic or OpenAI: higher IPO closing market cap?" ay "Anthropic or OpenAI: higher IPO closing market cap?" sa 81%, ibig sabihin itinatakda ng market ang 81% na tsansa sa outcome na iyon. Nag-a-update ang mga odds na ito sa real-time habang bumibili at nagbebenta ang mga trader ng shares, kaya sinasalamin nila ang pinakabagong kolektibong view kung ano ang pinaka-malamang na mangyari. Bumalik nang madalas o i-bookmark ang pahinang ito para sundan kung paano nagbabago ang odds habang lumilitaw ang bagong impormasyon.

Ang mga resolution rules para sa "Anthropic or OpenAI: higher IPO closing market cap?" ay tiyak na nagde-define kung ano ang kailangang mangyari para sa bawat outcome na maideklara bilang panalo — kasama ang mga opisyal na data source na ginagamit para matukoy ang resulta. Maaari mong i-review ang kumpletong resolution criteria sa "Rules" section sa pahinang ito sa itaas ng mga komento. Inirerekomenda namin na basahin nang mabuti ang mga patakaran bago mag-trade, dahil tinutukoy nila ang mga tiyak na kondisyon, edge cases, at mga source na namamahala kung paano nise-settle ang market na ito.