Google's current market capitalization of approximately $4.2 trillion significantly exceeds the combined private valuations of OpenAI at $852 billion and Anthropic at $965 billion, establishing the primary driver behind the 92% market-implied probability that Alphabet maintains the higher valuation on December 31. Recent funding rounds and IPO preparations for the AI firms highlight rapid revenue growth and investor interest, yet their aggregate scale remains less than half of Google's public equity value. Trader consensus reflects this structural gap, reinforced by Alphabet's diversified cash flows and established position. Realistic challenges include outsized IPO multiples or accelerated expansion that could narrow the differential before year-end, though such outcomes would require exceptional performance relative to historical precedents for high-growth technology companies.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · DiperbaruiOpenAI + Anthropic
OpenAI + Anthropic
NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day.
If NPM has not published relevant data for the specified date by 1:00 PM ET on January 1, 2027, this market may remain open until 11:59 PM ET on January 4, 2027. If no further data is released by that time, the market will resolve according to the data available.
If NPM ceases publishing relevant data prior to the specified date, this market will resolve based on the NPM data published prior to the cessation of coverage, as well as applicable public market capitalization data following an IPO or direct listing.
If a private company completes an IPO or direct listing prior to the specified date, this market will resolve according to the company’s public market capitalization at the market close of the specified date or the most recent trading day.
Public market capitalization will be determined using the final official regular-hour trading price published for the company’s primary listed common equity on its primary exchange for the specified date or the most recent trading day, multiplied by the company’s total outstanding common shares at the relevant time.
If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies.
If a listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, only the last NPM valuation and applicable public market capitalization achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution.
The resolution source for this market is NPM data published here (https://fe.secondmarket.com/companies/company-30839e0b-2730-4495-839f-1bf638fa9cca/data?return_url=https://test8298192.pages.dev/finance/privates) and here (https://fe.secondmarket.com/companies/company-3e197763-4ff8-4d8c-bd1f-cc2792937757/data?return_url=https://test8298192.pages.dev/finance/privates). The resolution source for any period following an IPO, direct listing, or relevant corporate action, will be official exchange trading data and publicly reported share counts.
If Anthropic and OpenAI’s combined valuation is equal to Google’s public market capitalization at resolution, this market will resolve to 50-50.
Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Pasar Dibuka: May 19, 2026, 4:27 PM ET
Resolver
0x65070BE91...NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day.
If NPM has not published relevant data for the specified date by 1:00 PM ET on January 1, 2027, this market may remain open until 11:59 PM ET on January 4, 2027. If no further data is released by that time, the market will resolve according to the data available.
If NPM ceases publishing relevant data prior to the specified date, this market will resolve based on the NPM data published prior to the cessation of coverage, as well as applicable public market capitalization data following an IPO or direct listing.
If a private company completes an IPO or direct listing prior to the specified date, this market will resolve according to the company’s public market capitalization at the market close of the specified date or the most recent trading day.
Public market capitalization will be determined using the final official regular-hour trading price published for the company’s primary listed common equity on its primary exchange for the specified date or the most recent trading day, multiplied by the company’s total outstanding common shares at the relevant time.
If the listed company merges with or acquires another entity and remains the parent company, no change to resolution methodology applies.
If a listed company is acquired, merges into another entity and is no longer the surviving parent company, or otherwise ceases to exist as an independent entity prior to the end of the period, only the last NPM valuation and applicable public market capitalization achieved prior to completion of the transaction will be considered for resolution. No transaction, acquisition, or merger consideration will be considered for resolution.
The resolution source for this market is NPM data published here (https://fe.secondmarket.com/companies/company-30839e0b-2730-4495-839f-1bf638fa9cca/data?return_url=https://test8298192.pages.dev/finance/privates) and here (https://fe.secondmarket.com/companies/company-3e197763-4ff8-4d8c-bd1f-cc2792937757/data?return_url=https://test8298192.pages.dev/finance/privates). The resolution source for any period following an IPO, direct listing, or relevant corporate action, will be official exchange trading data and publicly reported share counts.
If Anthropic and OpenAI’s combined valuation is equal to Google’s public market capitalization at resolution, this market will resolve to 50-50.
Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Resolver
0x65070BE91...Google's current market capitalization of approximately $4.2 trillion significantly exceeds the combined private valuations of OpenAI at $852 billion and Anthropic at $965 billion, establishing the primary driver behind the 92% market-implied probability that Alphabet maintains the higher valuation on December 31. Recent funding rounds and IPO preparations for the AI firms highlight rapid revenue growth and investor interest, yet their aggregate scale remains less than half of Google's public equity value. Trader consensus reflects this structural gap, reinforced by Alphabet's diversified cash flows and established position. Realistic challenges include outsized IPO multiples or accelerated expansion that could narrow the differential before year-end, though such outcomes would require exceptional performance relative to historical precedents for high-growth technology companies.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui


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