Anthropic Takes Steps Toward IPO Following $965 Billion Valuation

Anthropic has taken a significant step towards becoming a publicly traded company by confidentially filing a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO). This move allows the company, known for its AI model Claude, to proceed with an IPO once the SEC completes its review process, although the timing will depend on market conditions and other factors.

The announcement comes shortly after Anthropic raised $65 billion in Series H funding, boosting its valuation to an impressive $965 billion, ranking it among the world's most valuable private technology firms. The company reported that its run-rate revenue has exceeded $47 billion, driven by widespread adoption of Claude across various sectors and by individuals in their daily activities.

In addition to the IPO filing, Anthropic has been advancing its product offerings, including the recent launch of Opus 4.8 and plans for the public release of its Claude Mythos model, which has attracted some controversy.

While specific details regarding the number of shares to be offered and the pricing range are still pending, Anthropic's filing aligns with a trend of major AI companies preparing for public offerings. Notably, OpenAI has also been reported to be preparing a confidential IPO submission, with plans for a September listing led by Goldman Sachs and Morgan Stanley. Furthermore, xAI, which is now associated with SpaceX, has filed for an IPO aiming for a staggering $1.75 trillion valuation, allowing founder Elon Musk to retain control through a dual-class share structure.

Market predictions indicate that Anthropic might go public before OpenAI, with current estimates on the Myriad prediction market giving Anthropic a 58% chance of being first, a shift from OpenAI's previous 68% likelihood.