Anthropic has submitted a confidential S-1 draft to the U.S. Securities and Exchange Commission, formally starting its IPO process. The company reportedly aims to list before rival OpenAI and capture early public-market demand for AI investments. The source does not disclose a valuation, fundraising target, exchange, or expected listing date.
AI is increasingly a baseline rather than a differentiator in startup pitch decks. Amid elevated valuations, Cornerstone Ventures managing director TP Lin avoids relying on short-term trend forecasts. He focuses capital and hands-on support on founders who can adapt to change, endure uncertainty, and actively create their own future.