Technology

Anthropic surpasses biggest rival OpenAI in secondary market valuation — surges to $1 trillion amid frantic investor interest

Source

Tom's Hardware

Published

Apr 23, 2026

TL;DR

AI Generated

Anthropic, the company behind Claude AI, has seen its valuation skyrocket to $1 trillion in the secondary market, surpassing OpenAI's $880 billion valuation. This surge reflects a growing investor interest in artificial intelligence. The valuation is not based on public stock exchanges but on secondary market trades where insiders sell portions of their holdings. Anthropic's actual valuation is $380 billion, but the $1 trillion valuation in the secondary market indicates high demand. Investors are willing to pay exorbitant prices for Anthropic shares, signaling a strong interest in the company's growth potential in the AI sector.

Read Full Article

Musk v. Altman week 1: Elon Musk says he was duped, warns AI could kill us all, and admits that xAI distills OpenAI’s models

Elon Musk testified in the trial against OpenAI, claiming he was deceived into funding the company and warning about the dangers of AI. He admitted that his own AI company, xAI, uses OpenAI's models. The trial could impact OpenAI's potential IPO and xAI's public debut. Musk argued he sued to restore OpenAI as a nonprofit, while OpenAI's lawyer suggested Musk's motives were to undermine competition. Musk also revealed his changing views on OpenAI and his concerns about its shift towards for-profit activities.

MIT Technology Review•

16 hours ago

Bronco AI Webinar: Full-Chip SoC Debug in 15 Minutes

Bronco AI's webinar highlights how their Debug tool can efficiently tackle full-chip SoC bugs in under 15 minutes, a task that typically takes engineering teams days to resolve. The platform integrates into overnight regressions, providing root-cause analyses and actionable insights by morning. Bronco's capabilities span the entire Design Verification lifecycle, from spec analysis to debugging, leveraging AI and a proprietary EDA suite. The tool operates on-premises, ensuring data security, and offers flexibility for teams to deploy their own AI models or agents. Interested parties can witness a live demo of Bronco's Debug Agent in action during an upcoming webinar.

SemiWiki•

21 hours ago

SoftBank plans robotics and AI firm in the US to build data centers — aims for $100 billion valuation and an IPO this year

SoftBank's founder, Masayoshi Son, is launching Roze, a robotics and AI firm in the U.S. focused on building data centers, with plans for a $100 billion valuation and an IPO in 2026. The company has a history of significant AI investments, including partnerships with OpenAI and Oracle. Despite past losses, such as investments in WeWork, SoftBank has seen success with ventures like ARM Holdings and Alibaba. The company's heavy investment in AI has faced challenges, including a $50 billion loss in late 2025, but it continues to pursue opportunities in the tech sector.

Tom's Hardware•

23 hours ago

Mark Zuckerberg says Meta is cutting 8,000 jobs to pay for AI infrastructure — insatiable compute demand means the company can't rule out further headcount reductions

Meta CEO Mark Zuckerberg announced at a town hall that the company plans to cut 8,000 jobs due to the increasing costs of AI infrastructure. These layoffs will affect about 10% of Meta's workforce and are linked to the company's expanding AI budget. Zuckerberg mentioned that the focus on AI hardware is diverting funds from employee-related expenses, hinting at possible future reductions. Despite the layoffs, Meta reported strong Q1 earnings, raising questions about the necessity of the job cuts. The move highlights a broader debate about the role of AI in driving layoffs in the tech industry.