Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.

Investors still can't get enough of Anthropic.

As the AI giant races towards what could be one of the largest IPOs in history, its shares are changing hands on secondary markets at valuations as high as $1.5 trillion, even as competition from OpenAI and Chinese open-source models intensifies.

Anthropic's private market valuation has recently soared to as much as $1.5 trillion, a 25% increase over the past month, according to three secondary traders who spoke with Business Insider. The catch is that shares are incredibly tough to get.

Read Ful"The few sellers on our books are around $1.5 trillion," said Glen Anderson, CEO of Rainmaker Securities, a merchant bank focused on private securities transactions. "Even at that number, there aren't a lot of sellers out there."…Read Full Article