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OpenAI IPO Filing Could Reshape the Future of AI
OpenAI has taken a major step toward Wall Street by confidentially filing for an initial public offering with the U.S. Securities and Exchange Commission. The move could lead to one of the largest public listings in market history, with the ChatGPT maker reportedly valued at more than $850 billion. Although OpenAI has not confirmed when it plans to go public, the confidential filing allows regulators to review its financial disclosures before they are eventually made public t
Covertly AI
Jun 133 min read


Anthropic’s $900B Valuation Could Shake Up the AI Race
Anthropic, the company behind the Claude AI assistant, is reportedly considering one of the largest private funding rounds in technology history. The AI startup has received several preemptive offers to raise around $40 billion to $50 billion at a valuation between $850 billion and $900 billion. If completed, the deal would more than double Anthropic’s previous valuation of $380 billion from February and could place it at or above OpenAI’s recent private market valuation. Inv
Covertly AI
May 23 min read


OpenAI’s New ‘Garlic’ AI Model: Can It Keep Up With Google?
OpenAI is reportedly working on a new large language model codenamed “Garlic,” a move that signals just how quickly the competitive balance in AI can shift. According to reporting based on The Information, OpenAI’s Chief Research Officer Mark Chen told colleagues the model has been testing strongly inside the company, especially on coding and reasoning tasks, where it was described as performing well against Google’s Gemini 3 and Anthropic’s Opus 4.5. (Bakolia; “OpenAI De
Covertly AI
Dec 3, 20253 min read


Anthropic Secures $60 Billion Valuation Amid Generative AI Boom
Anthropic, a trailblazing artificial intelligence startup, is on the brink of securing $2 billion in a funding round that will propel its...
Covertly AI
Jan 30, 20252 min read


AI Startup Perplexity Seeks $8 Billion Valuation in Latest Funding Round
Artificial intelligence search company Perplexity AI has started fundraising talks to double its valuation to $8 billion. The startup...
Covertly AI
Oct 24, 20242 min read
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