#Polymarket每日热点 The Battle for the First U.S. Large Model Stock: OpenAI vs. Anthropic, Who Will Ring the Bell First?

Let me start with my bet: Anthropic will go public before OpenAI. Here's the reasoning:
Currently, the most attention-grabbing focus in the global AI race is the listing competition among U.S. large model companies. As the birthplace of generative AI, the U.S. gathers the top-tier large model forces, and whoever secures the title of the “First U.S. Large Model Stock” will not only impact company valuation but also define the next phase of the global AI industry landscape. Based on publicly available information, this competition mainly centers on two giants: OpenAI and Anthropic.
The two companies have different strategies, different paces, and their financial performances vary significantly; their listing processes are also drawing the industry's full attention.
OpenAI, as the pioneer of large models worldwide, has an undisputed reputation and industry status. The market once held very high expectations for its IPO, even speculating about a high valuation. But in terms of actual progress, its listing pace has noticeably slowed down.
On one hand, the company is still in a high-intensity investment phase, with high costs for computing power, R&D, and talent, and its profitability cycle is relatively later;
On the other hand, there are differing opinions internally about the timing of the listing and governance structure, leading to repeated delays in the timetable, making an IPO unlikely in the short term.
In contrast, Anthropic’s IPO expectations are clearer, and its pace is faster. As one of the leading large model companies in the U.S., Anthropic has seen rapid revenue growth in recent years, with a continuous increase in enterprise clients, and its commercialization progress is among the industry’s front runners. Its model stability, safety, and enterprise-level service capabilities have gained recognition from numerous institutional and corporate clients, and market attention continues to rise.
Many overseas media and industry analysts believe that Anthropic is highly likely to take the lead and become the true “First Large Model Stock” in the U.S. capital market.
This “first stock” competition is essentially a contest over the maturity of the U.S. large model industry’s commercialization. On one side is the industry benchmark that pioneered the era, and on the other is a rapidly growing commercialization startup. The movements of these two companies directly reflect the cutting-edge technological trends, business models, and capital logic in the global AI industry.
For practitioners focused on AI development, it’s difficult to see the true landscape relying solely on news and financial reports. Understanding the local U.S. technological routes, corporate governance, computing power deployment, ecosystem collaborations, and capital logic requires on-the-ground observation and in-depth communication.
Whether it’s OpenAI’s technological ecosystem or Anthropic’s enterprise-level implementation path, both are the most valuable benchmark cases in the current AI industry. Visiting the U.S. AI industry hub and closely observing the operational logic, R&D rhythm, and commercialization strategies of large model companies can truly grasp the core opportunities of the next AI revolution. The era of U.S. large models is already set; whoever can be the first to land on the capital market will hold a greater strategic advantage in the industry.