ANTHROPIC’s secondary-market implied valuation has climbed to $1.2 trillion on trading platform Caplight, but shares are difficult to buy due to very few sellers, Caplight CEO Javier Avalos said. Rainmaker Securities, a commercial bank focused on private securities trading, reported seeing trades at a $1.2 trillion valuation but said such transactions remain rare. Less than three months ago ANTHROPIC was reported at $1.0 trillion; Caplight currently shows OpenAI at $908 billion. Avalos said the

ANTHROPIC’s secondary-market implied valuation has climbed to $1.2 trillion on trading platform Caplight, but shares are difficult to buy due to very few sellers, Caplight CEO Javier Avalos said. Rainmaker Securities, a commercial bank focused on private securities trading, reported seeing trades at a $1.2 trillion valuation but said such transactions remain rare. Less than three months ago ANTHROPIC was reported at $1.0 trillion; Caplight currently shows OpenAI at $908 billion. Avalos said the $1.2 trillion mark represents a 550% YoY increase; ANTHROPIC was valued at $965 billion in its May H round.