neovive7 minutes ago
If OpenAI and Anthropic eventually become public companies with trillion-dollar valuations, it will be interesting to see if their company ethos remains the same. With that much purchasing power, it's very tempting to gobble up competitors and raise prices.
pqtyw2 minutes ago
> if their company ethos remains the same.
What? In what way would the change? They are already raising prices..
daseiner14 minutes ago
corporate pursuit of monopoly is as sure a phenomenon as gravity
herpdyderp2 minutes ago
The question is not "if" they will lose their ethos but "how long will it take".
thomascountz6 minutes ago
SpaceX submitted an amendment to their S-1 today[1]
[1]: https://www.sec.gov/Archives/edgar/data/1181412/000162828026...
onlyrealcuzzo4 minutes ago
Are we in a race to see who can pop the bubble first?
freediddy12 minutes ago
This is the first time I've seen a Public, Confidential S-1 filing.
Sol-10 minutes ago
I suppose they announced it because the fact that they submitted it would leak anyway.
cmiles86 minutes ago
There is a mad rush to get these IPOs out the door before the market sneezes.
ssgodderidge14 minutes ago
Can someone help me understand how its "confidential" if they blog about it? Perhaps they simply mean the details of the S-1 are confidential for now?
kylecazar13 minutes ago
The contents are confidential. They are just announcing they submitted it.
ConnorBoyd13 minutes ago
The S-1 itself isn't made public in a confidential filing.
general_reveal13 minutes ago
[flagged]
tonyoconnell11 minutes ago
so we shouldn't talk to humans when an ai can give an answer?
general_reveal7 minutes ago
If you have access to a Xeon processor, I don’t see why humans should be the first thing you interface with.
[deleted]8 minutes agocollapsed
cdrnsf10 minutes ago
We should always talk to humans.
kenyuz11 minutes ago
Every post anthropic generates feels like misdirection and bad summarization using AI. There is no sense of who the audience for this post is for and includes a lot of redundant information.
Maxatar8 minutes ago
Can't see the relevance of this comment to the post. You can do a Google search for "confidentially submits draft S-1 to the SEC" to see other examples of companies announcing these submissions and they're all written in the same way.
It's just a standard/template that most companies reuse.
https://www.figma.com/blog/s1-confidential-submission
https://www.prnewswire.com/news-releases/gemini-announces-co...
https://investors.navan.com/news-releases/news-release-detai...
https://www.round1-group.co.jp/docs/pdf/2026/20260507_news_e...
conductr6 minutes ago
> This announcement is being published under Rule 135 of the Securities Act of 1933
It's a required public disclosure following a format traditionally used in mandatory public disclosures.
nemomarx8 minutes ago
Is there any real reason to have generated announcements anyway? You could get more polished text with some copy editors and I can't imagine cost is really a big concern for it.
Catloafdev6 minutes ago
It's a legal notice, what are you talking about?
ch4s314 minutes ago
I'm curious to know if they generated this with Claude and what the prompt looked like.
root-parent7 minutes ago
Time to short the market. We are at peak bubble.
"The stock market just did something eerily similar to the dot-com bubble top in 2000" - https://www.cnbc.com/2026/06/01/the-stock-market-just-did-so...
rvz4 minutes ago
This is actually the pin everyone was looking for that will pop this AI bubble, including the token cost falling in China and the release of open models that are good and run locally.
chinathrow14 minutes ago
Expect the token price to correlate with the stock price.
rvz12 minutes ago
Of course that fundraise was the last one: [0], everyone getting ready to dump their pre-IPO shares on to you as China catches up with their open models.
Better to do it now than to wait a day longer and the tokens are not getting any cheaper here.
Obviously OpenAI will file for IPO certainly this month, or even this week in response both SpaceX, and Anthropic.
Then AGI will then have been achieved externally.
kypro8 minutes ago
What does it mean to submit confidentially – what's the process there? I assume it be made public when approved by the SEC?
hubraumhugo10 minutes ago
With SpaceX, OpenAI, and Anthropic, we're likely to see 3 of the largest IPOs ever (by a wide margin) this year. Will existing institutional investors trim other positions to allocate a lot of capital for these mega listings or is this not a concern?
nemomarx7 minutes ago
At least all the index funds are obligated to, right?
chilipepperhotta minute ago
Most index funds wait for at least a year before adding a new listing. The only exception that I'm aware of is QQQ and SpaceX.
nlya minute ago
Index funds follow indices and often only rebalance quarterly
whateveracct6 minutes ago
you and me will all be left holding a small cut of the bag
lucamark7 minutes ago
[dead]