Anthropic Races Toward IPO Amid Heated AI Market Competition
WASHINGTON, DC — Anthropic, the artificial intelligence company behind the Claude chatbot, is accelerating its preparations for an initial public offering, sources familiar with the matter confirmed Thursday.
According to internal documents and regulatory filings, the San Francisco-based firm has engaged multiple investment banks to underwrite the IPO, which could value the company at over $40 billion.
Founded in 2021 by former OpenAI executives Dario Amodei and Daniela Amodei, Anthropic has focused on developing safe and interpretable AI systems. The company has raised over $7 billion in funding from investors including Google, Salesforce, and Spark Capital.
The move toward a public listing comes as the AI industry faces intense competition, with OpenAI reportedly in advanced talks for private valuation surpassing $150 billion.
Observers note that an Anthropic IPO would test investor appetite for AI firms beyond market leader OpenAI and could set a benchmark for emerging competitors. The timeline for the public offering remains unconfirmed, with analysts suggesting a potential launch in late 2024 or early 2025.
Anthropic declined to comment on the IPO plans.