This market will resolve to "Anthropic" if Anthropic completes an Initial Public Offering (IPO) before OpenAI completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.

This market will resolve to "OpenAI" if OpenAI completes an Initial Public Offering (IPO) before Anthropic completes an IPO by December 31, 2027, 11:59 PM ET, as confirmed by official company announcements and credible news sources.

This market will resolve 50-50 if:

- Neither company completes an Initial Public Offering (IPO) by December 31, 2027, 11:59 PM ET;

- Both companies complete an IPO on the same calendar date (ET); or