Artificial intelligence (A.I.) startup company Anthropic has filed its initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC).
The filing comes ahead of a blockbuster IPO from Anthropic that’s expected to take place this autumn.
With a valuation of nearly $1 trillion U.S., Anthropic’s highly anticipated IPO would be one of the biggest share sales in history.
Anthropic was founded in 2021 by a group of researchers who left rival A.I. startup OpenAI over concerns about that company’s direction.
Anthropic is known for its family of A.I. models called Claude, its focus on using A.I. to write computer code, and its targeted approach to businesses rather than consumers.
The company has experienced explosive growth, announcing in May that its revenue run rate has swelled to $47 billion U.S. from $10 billion U.S. in 2025.
Last week, Anthropic closed its latest funding round at a $965 billion U.S. valuation, topping OpenAI, which was last valued at $852 billion U.S.
Anthropic earlier this year unveiled an A.I. model called Claude Mythos, which has advanced cybersecurity capabilities.
The company has also clashed with the U.S. Department of Defense and Anthropic’s A.I. models have been blacklisted by the Pentagon.
But while defense contractors have dropped Anthropic, the company’s growth in the private sector has accelerated rapidly as more businesses adopt its A.I. models and coding tools.
In filing its IPO prospectus, Anthropic is getting out ahead of OpenAI, which is also planning to make its market debut this year.
Elon Musk’s SpaceX has officially filed its IPO prospectus and is gearing up for a roadshow this week, with plans to begin trading on the Nasdaq (NDAQ) exchange by mid-June.
SpaceX is expected to be the biggest IPO ever as the commercial satellite company is expected to be valued at as much as $2 trillion U.S. ahead of its market debut.
Tech Insider