Anthropic disrupts the software stock market and enters the trillion dollar club! Valuation skyrockets by 733%, Claude ignites the frenzy of AI intelligent bodies.

Global AI application leader Anthropic's implied pre-IPO valuation recently broke through the epic $1 trillion mark in private market trading on-chain, signaling that this AI leader's valuation is likely to surpass its longtime strongest competitor, OpenAI, the developer of ChatGPT, before its highly anticipated IPO. This also indicates another extreme valuation step in the artificial intelligence investment frenzy. This crucial milestone is based on the official IPO pre-trading tools that have been transferred on the decentralized on-chain public trading platform Jupiter; these trading tools provide investors with a real-time valuation proxy indicator for Anthropic, helping them determine what valuation pricing the company may have in the public market. An article published on X The Kobeissi Letter on Monday quoted the latest on-chain trading data, indicating that since October 2025, this implied valuation has skyrocketed by 733%. Anthropic, OpenAI, and SpaceX, led by Musk in space exploration, are also considered the next batch of trillion-dollar super tech giants readying for public listing trading in the private market. Anthropic, the AI super giant most likely to challenge OpenAI's valuation throne Of course, this latest decentralized on-chain number does not represent Anthropic's official valuation. It is reported that this Claude AI intelligent body, along with a series of popular AI application software manufacturers globally, has received multiple offers from Wall Street institutions for a new round of financing, which could potentially value this AI super unicorn at around $800 billion or higher, more than doubling its pre-round valuation of $350 billion from the $300 billion raise in February. The increase in valuation is considered to be extremely rapid. Predictions from the market Kalshi show that by January 1, 2027, there is a 68% probability that Anthropic will complete its IPO on the US stock market. Anthropic, founded by former core employees of OpenAI, including Dario Amodei and Daniela Amodei in 2021, focuses on building reliable, interpretable, and controllable AI systems, positioning itself as a global leader in cutting-edge AI technology. The company's website defines itself as an AI security and research company dedicated to creating reliable, interpretable, and controllable AI systems. The urgent need for companies to increase efficiency and reduce operating costs has greatly promoted the widespread application of two core categories of AI application software in recent times - generative AI applications and AI intelligent bodies. Among them, AI intelligent bodies (AI agents) that autonomously perform various mundane and complex tasks are likely to be the ultimate trend in AI applications over the next decade. The emergence of AI intelligent bodies signifies that artificial intelligence is transitioning from an information assistance tool to an highly intelligent productivity tool. The latest research from MarketsandMarkets shows that the AI intelligent body market is expected to reach $53 billion by 2030, indicating a high compound annual growth rate (CAGR) of 46% starting from 2025. The explosive growth of Anthropic's Claude Cowork and OpenClaw-like AI agents in 2026 is no coincidence; it is fundamentally the first time the five curves of "model synthesis capability, tool protocols, AI developer frameworks, reasoning costs, and terminal context capabilities" have intersected simultaneously. At the AI application layer, AI agents are likely to become the dominant business interface as they directly translate "intelligence" into "action," signifying that AI is evolving from "answering questions" to "executing, collaborating, and completing highly complex multi-step tasks." Whether the valuation has surpassed OpenAI needs to differentiate between "official/financing valuation" and "private secondary market implied valuation." According to reliable financing calibers reported by Bloomberg, Reuters, and other media outlets, Anthropic had an estimated valuation of around $380 billion in February this year, with the latest highest offer among institutional investors reaching approximately $800 billion; OpenAI's latest valuation was around $852 billion, so according to the more formal financing caliber, it cannot be definitively stated that Anthropic's valuation surpasses that of OpenAI, which currently has the highest valuation in the forefront of the AI technology sector. However, in the private secondary market/on-chain trading and other unofficial calibers, Anthropic's implied valuation has indeed surpassed the super $1 trillion mark, from this perspective it can be considered to have exceeded OpenAI. However, this more reflects marginal pricing under the scarcity of equity and the AI investment frenzy, and cannot be equated with the company's official valuation. In other words, the soaring valuation of Anthropic is indeed supported by the "AI Agent (AI intelligent body) impacting the software layer + explosive revenue growth on the enterprise side + cloud giants competing + expectations of scarce IPOs," but the trillion-dollar figure more represents marginal pricing under the FOMO and scarce liquidity in the private market. AI can truly overturn everything! Behind the soaring valuation of Anthropic is the revaluation of the software application layer in the era of intelligent bodies There is no doubt that the logic of "AI overturns everything" is triggering a comprehensive new wave of efficiency revolution in enterprise operations. For example, Block, led by the co-founder of Twitter, Jack Dorsey, announced a one-time layoff of over 4,000 employees, close to half of the total staff of this tech company. North American internet giants like Meta, the parent company of Facebook, and Snap Inc., the parent company of the "read-after-you" app, have also announced large-scale layoffs. Block's public statement indicates that the agent-like AI tools of AI intelligent bodies enable even smaller teams to maintain more efficient operations; further, its CFO has stated that the business efficiency brought about by focusing on AI intelligent body agent workstreams has led to deep layoffs that are almost "inevitable" for any enterprise. With Anthropic, OpenAI, and other AI large model leaders recently releasing a series of AI agent products focusing on efficient workstreams, it is highly likely that these products will replace certain functional software services at a much lower cost, causing a significant sell-off in global software stocks. The pessimistic tone of the "AI overturns everything" theme since February is mainly due to the market's growing concern that AI agent workstreams such as Claude Cowork and OpenClaw (formerly known as Clawdbot, Moltbot) might weaken the entire software empire based on the SaaS seat subscription revenue model, leading to a rare sell-off that quickly spread to industries such as network security, online education, traditional finance, insurance, real estate, transportation systems, and any other industry that appears to rely on seat revenue models or labor-intensive business models the market believes that these industries are at risk of being completely overturned by AI. Not only in the US stock market, but the software sector of the global stock market has been continuously hit hard since February under the fear of "AI overturns everything," despite a surge in share buybacks in the US software sector, investors are not buying in as they are genuinely concerned whether the long-term fundamentals and business models will be completely reshaped by AI intelligent agents like Claude Cowork and OpenClaw. The AI intelligent body tools launched by Anthropic and the sudden realization by the market that companies are being completely reshaped from "bottom model suppliers" by using agent-based AI tools have been important triggers for the panic selling of software stocks since February. More accurately, it is not that Anthropic "solely overthrew the entire software sector," but that its Claude agent-style AI tools have made the market suddenly realize that large model companies are fundamentally reshaping the enterprise application layer and may erode the profit pools from traditional SaaS such as legal, sales, marketing, data analysis, code, among others. In February of this year, Anthropic's Claude legal plugin triggered a loss of approximately $830 billion in market value for global software and service stocks over six trading days; shortly afterward, the Wall Street financial behemoth Morgan Stanley warned that the impact of AI on software business models might spill over to the approximately $1.5 trillion US private credit market, with software lending accounting for about 16%. This is the so-called "Anthropic super storm": the impact it brings is not the traditional negative news headline type of hit, but an unprecedented structural hit to the valuation framework of software stocks. After participating in the HumanX Global Artificial Intelligence Conference in San Francisco, analysts from the international investment giant UBS recently stated that OpenAI and Anthropic are metamorphosing from AI large model super giants into "IT-budget devourers" for enterprises. The UBS analysts wrote that companies like Anthropic and OpenAI, at the forefront of global AI, have launched AI larger models with more comprehensive capabilities, posing a significant threat to the fundamental growth prospects of most traditional software companies these cutting-edge AI companies have enough strength to take more significant shares of enterprise customers' "wallets." Anthropic is undoubtedly at the forefront of the AI agent (AI intelligent body) race in the global technology sector, particularly in code agents, enterprise automation, complex task execution, and security-oriented models. The US tech giant Google recently announced plans to invest approximately $40 billion in Anthropic, and another giant, Amazon, has also increased its investment in Anthropic; an official statement from Anthropic shows that the annual revenue run rate has increased from $9 billion at the end of 2025 to $30 billion in April 2026. Claude Code has gained immense popularity among the global professional developer community, and its agent-style AI intelligent body tools like Claude Cowork have disruptively impacted the global software market; Anthropic has also recently launched the Claude Partner Network, investing $100 million to support enterprise partners in actively adopting the Claude AI suite. These factors have jointly supported this AI unicorn's narrative as a "leading enterprise AI application layer."