Anthropic, the AI research company behind the Claude language model, has confidentially filed for an initial public offering (IPO), according to a company blog post on Monday. The firm submitted a draft registration statement to the U.S. Securities and Exchange Commission, though details such as the number of shares and pricing remain undisclosed. The timing of the IPO will depend on market conditions and other factors.
This move follows Anthropic’s recent $65 billion Series H funding round, which elevated its valuation to $965 billion. The round attracted a diverse group of investors, including Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue, and D1 Capital Partners.
The IPO filing comes during a particularly active period for public offerings in the tech sector. Notably, SpaceX is preparing for its own IPO, targeting a $2 trillion valuation and aiming to raise over $75 billion. Additionally, OpenAI, a key competitor to Anthropic, secured $122 billion in funding in March at an $852 billion post-money valuation and is also expected to file for an IPO soon.
Founded in 2021 by former OpenAI employees, Anthropic has rapidly ascended in the AI industry. Initially considered an underdog, the company has gained significant traction with its Claude language model and the cybersecurity-focused Mythos model, which has been released on a limited basis. This success has translated into substantial revenue growth, with the company’s revenue run-rate surpassing $47 billion, up from $9 billion at the end of 2025.
Anthropic’s decision to go public underscores the growing investor interest in AI technologies and the competitive landscape of the industry. As the company prepares for its IPO, it will be crucial to monitor how it positions itself against rivals like OpenAI and how it plans to sustain its impressive growth trajectory in the rapidly evolving AI market.
Source: TechCrunch
