Anthropic recently announced that it confidentially filed for a U.S. initial public offering (IPO), positioning itself ahead of competitor OpenAI in the race to become one of the first major AI firms to enter public markets.
“This gives us the option to go public after the U.S. Securities and Exchange Commission (SEC) completes its review. The proposed initial public offering will depend on market conditions and other factors,” said the company.
The planned listing will serve as an early gauge of investor confidence in the artificial intelligence sector, which has driven soaring private valuations and sparked speculation about future trillion-dollar companies. It could also help establish a benchmark for how rapidly expanding AI businesses are assessed and valued by public market investors.
Anthropic did not reveal the size or pricing details of the proposed offering. The company was most recently valued at $965 billion following a funding round in late May that raised $65 billion, surpassing rival OpenAI’s valuation.
Anthropic’s IPO could become one of the most significant stock market debuts in recent years, with the potential to influence major market indexes, redirect investor capital and reinforce the AI-driven momentum that has been a key force behind gains in U.S. equities.
Notably, confidential filings allow companies to move forward with IPO plans without immediately disclosing sensitive financial information to competitors or the public.
The announcement comes at a time when AI giants are increasingly seeking to enter the public market. In May, reports revealed that OpenAI was also preparing a confidential filing for a U.S. IPO, signaling that several of the world’s most valuable private technology companies are moving closer to public markets.
The development came after SpaceX submitted paperwork for what could become the largest IPO on record, with the Elon Musk-led company reportedly targeting a $75 billion offering at a valuation of $1.75 trillion and a stock market debut within weeks.
