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  • šŸ¦ IPO Price War: Claude’s $300B vs OAI’s Trillion

šŸ¦ IPO Price War: Claude’s $300B vs OAI’s Trillion

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OpenAI is training ChatGPT to literally confess when it cheats. And Anthropic? They’re racing OpenAI to IPO first, with a $300B+ valuation and Nvidia in their corner.

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AI INSIGHTS

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According to the FT, the Claude-maker has hired Wilson Sonsini (the law firm behind Google & LinkedIn’s IPOs) and is pushing to list as early as 2026. Why the rush? Because it’s a race with OpenAI, and investors want their company to be first.

CFO Krishna Rao is leading the charge → He helped take Airbnb public in 2020. Now he’s managing Anthropic’s internal ā€œIPO checklistā€ to get everything aligned.

Private funding still flowing → Anthropic is raising capital at a $300B+ valuation, with reports of Microsoft and Nvidia contributing up to $15B combined.

Meanwhile… OpenAI is quietly prepping its own IPO with rumors swirling of a $1T+ valuation target. If true, that would make it one of the largest IPOs in tech history.

Both Anthropic and OpenAI are pushing sky-high valuations. But only one gets to set the narrative first:

  • If Anthropic IPOs first → they set the tone for how public markets price AI

  • If OpenAI goes first → they own the headlines and could overshadow everything else

It’s just like which AI company becomes the next Nvidia… or the next WeWork! Whoever IPOs first will define the market mood for AI’s next chapter.

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FINAL 48-HOUR EXTENSION

We Know This Would Happen, But Why So Manyyy šŸ˜µšŸ˜›

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I woke up today & found AI Fire’s inbox packed with messages from all of you who missed the Black Friday deal. I get it. Life happens.

After seeing the volume of requests, I pulled the team together for an emergency call. Nobody was happy about it. But we agreed to open the offer for a little longer.

So here is the final update, ever! We are extending the Black Friday discount until Sunday, 23:59 EST. This is only 2 more days. And after that, it is gone for good!

If you wanted the 30% off for our biggest Livfetime update at no extra cost, this is the last window. All coming soon. Getting in now puts you in the best position for 2026.

TODAY IN AI

AI HIGHLIGHTS

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šŸ‘€ If you still use basic prompt, you should know context engineering is replacing it everywhere. Read this thread (with 5.6K bookmarks), then you'll master it easily.

šŸ¤– Google launched Workspace Studio for you to build no-code agents to automate tasks across Gmail, Drive, apps... Just describe what you need. See it in action here.

šŸ“Š You may notice a pop-up asking if you want to be interviewed. That’s Anthropic Interviewer, an AI tool that conducted 1,250 interviews already. See findings here.

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AI BREAKTHROUGH

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Big update in AI safety this week: OpenAI is testing a method to make LLMs confess when they mess up. And it works surprisingly well. When a model gives a final answer, it now follows up with a second structured output → the confession. It must:

  • List the rules/instructions it was supposed to follow

  • Say whether it actually followed them

  • Explain why it didn’t, if it broke the rules

The idea is to separate the performance mode from honesty mode. The model only rewarded if it tells the truth.

In tests, OpenAI set up scenarios where GPT-5-Thinking was encouraged to cheat. So it intentionally got half the test wrong.

  • Main answer: Looked normal.

  • Confession: ā€œWe sabotaged Q6–Q10 to stay under the wipeout threshold.ā€

But this isn’t a magic fix. If the model doesn’t know it’s wrong (e.g. hallucinating facts it believes), it can’t confess. Jailbreaks (where users trick models into misbehaving) often bypass the model’s ability to notice wrongdoing at all.

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