Anthropic secondary-market valuation jumps 550% year over year to $120 billion

Rare private-share trades suggest demand for the AI startup has outpaced available supply, with Caplight placing OpenAI at roughly $90.8 billion and Anthropic warning liquidity is limited.

Summary

Anthropic’s valuation on secondary-market platforms such as Caplight has risen to about $120 billion, roughly 550% higher than a year earlier, Business Insider reported. The pricing puts Anthropic above OpenAI’s current roughly $90.8 billion valuation on Caplight. With no IPO, investors generally gain access to Anthropic shares through transfers from employees or early shareholders, often using special purpose vehicles, while the company warns against unauthorized resales and says real liquidity is very limited.

Terms & Concepts
  • secondary-market platforms: venues where investors trade existing shares of private companies rather than buying newly issued stock.
  • special purpose vehicles: investment structures that pool money from multiple investors to buy assets such as private-company shares.