Anthropic’s $380B Valuation Leaves No Public Play as OpenAI Proxies Gain 40%
Anthropic’s latest funding round valued the startup at $380 billion post-money, but lack of publicly traded pure plays leaves investors unable to directly share in its AI-driven gains. Proxies for OpenAI-linked stocks have surged over 40% since last year, while Alphabet-linked shares jumped 190%, outpacing the S&P 500’s 17% gain.
1. No Pure-Play for Anthropic
Investors lack a publicly traded vehicle to directly invest in Anthropic despite its emergence as a leading AI startup valued at $380 billion post-money.
2. Proxy Stock Performance
A basket of publicly listed companies tied to OpenAI partnerships has climbed over 40% since the start of last year, while shares linked to Alphabet’s AI initiatives have surged nearly 190%, both outpacing the S&P 500’s 17% advance.
3. Infrastructure and Valuation
Anthropic’s Claude models are trained and operated on chips from Amazon, Alphabet and Nvidia, and the AI is available on Amazon Web Services, Google Cloud Platform and Microsoft Azure, reflecting a multi-cloud, multi-hardware strategy.