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Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.

Dario Amodei is the co-founder and CEO of Anthropic, Bloomberg/Getty Images Since Anthropic is still private, the vast majority of investors buy on secondary markets. Anthropic's secondary valuation has soared to $1.5 trillion over the past month, a 25% increase. Anthropic's valuation has continued to climb even as its competitors have been closing the gap. Investors still can't get enough of Anthropic. As the AI giant races towards what could be one of the largest IPOs in history, its shares are changing hands on secondary markets at valuations as high as $1.5 trillion, even as competition from OpenAI and Chinese open-source models intensifies. Anthropic's private market valuation has recently soared to as much as $1.5 trillion, a 25% increase over the past month, according to three secondary traders who spoke with Business Insider. The catch is that shares are incredibly tough to get. "The few sellers on our books are around $1.5 trillion," said Glen Anders...

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