Traders see Anthropic and Databricks locked in a tight race for the largest valuation increase among private companies through September 2026 because both continue to demonstrate strong enterprise traction in artificial intelligence and data infrastructure. Anthropic benefits from Claude model iterations and major cloud partnerships that expand its large language model deployment, while Databricks leverages its unified analytics platform and recent AI tooling acquisitions to drive recurring revenue growth. Stripe’s payment volume expansion and OpenAI’s ongoing GPT advancements create competitive pressure, yet regulatory scrutiny around ByteDance’s TikTok operations and data practices caps its upside. Key upcoming catalysts include potential funding rounds, new model benchmarks, and enterprise contract announcements that could shift the narrow market-implied odds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedAnthropic 42%
Databricks 42%
ByteDance 37%
Stripe 37%

Anthropic
42%

Databricks
42%

ByteDance
37%

Stripe
37%

OpenAI
36%
Anthropic 42%
Databricks 42%
ByteDance 37%
Stripe 37%

Anthropic
42%

Databricks
42%

ByteDance
37%

Stripe
37%

OpenAI
36%
NPM Prices are published for trading days only and are updated once daily at 1:00 PM ET on the following calendar day.
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If a company completes an IPO or direct listing before the end of the specified month, this market will resolve according to the company's public market capitalization at the market close of the specified date.
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If a 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 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/data?start_date=2026-08-31&view=change&companies=company-3e197763-4ff8-4d8c-bd1f-cc2792937757%2Ccompany-30839e0b-2730-4495-839f-1bf638fa9cca%2Ccompany-53787f17-a704-47a9-895a-cb54833bdb1f%2Ccompany-6edded11-6786-4392-9695-3cce6fda0de0%2Ccompany-f364d2ab-34b7-48c9-a2b7-af62da804953). 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 two or more companies have the same unrounded percentage increase in valuation at resolution, and that percentage increase is the highest among all companies in the market, the market will resolve to the company with the highest valuation.
Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Market Opened: Aug 31, 2026, 6:46 PM ET
Resolver
0x69c47De9D...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 the calendar date following the specified month, this market may remain open until 11:59 PM ET on the third business day following the specified month. If no further data is released by that time, the market will resolve according to the latest available data.
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 company completes an IPO or direct listing before the end of the specified month, this market will resolve according to the company's public market capitalization at the market close of the specified date.
Public market capitalization will be determined through appropriate calculation using the final official regular-hours closing prices published for the company's listed equities on its primary exchange for the specified date, multiplied by the company's total number of shares outstanding at the relevant time. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings).
If a 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 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/data?start_date=2026-08-31&view=change&companies=company-3e197763-4ff8-4d8c-bd1f-cc2792937757%2Ccompany-30839e0b-2730-4495-839f-1bf638fa9cca%2Ccompany-53787f17-a704-47a9-895a-cb54833bdb1f%2Ccompany-6edded11-6786-4392-9695-3cce6fda0de0%2Ccompany-f364d2ab-34b7-48c9-a2b7-af62da804953). 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 two or more companies have the same unrounded percentage increase in valuation at resolution, and that percentage increase is the highest among all companies in the market, the market will resolve to the company with the highest valuation.
Revisions to previously published NPM data made after their initial release will not be considered, unless made to correct clearly erroneous data.
Resolver
0x69c47De9D...Traders see Anthropic and Databricks locked in a tight race for the largest valuation increase among private companies through September 2026 because both continue to demonstrate strong enterprise traction in artificial intelligence and data infrastructure. Anthropic benefits from Claude model iterations and major cloud partnerships that expand its large language model deployment, while Databricks leverages its unified analytics platform and recent AI tooling acquisitions to drive recurring revenue growth. Stripe’s payment volume expansion and OpenAI’s ongoing GPT advancements create competitive pressure, yet regulatory scrutiny around ByteDance’s TikTok operations and data practices caps its upside. Key upcoming catalysts include potential funding rounds, new model benchmarks, and enterprise contract announcements that could shift the narrow market-implied odds.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated


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