Anthropic, the artificial intelligence company behind the Claude chatbot, has taken the first formal step toward going public. The company announced in a Monday blog post that it submitted a draft registration statement to the U.S. Securities and Exchange Commission for a proposed IPO. Anthropic has not disclosed how many shares it plans to offer or set a price range. The filing comes less than a week after the company completed a massive $65 billion Series H funding round that valued the AI lab at $965 billion—nearly $1 trillion.
The funding round was co-led by major venture firms including Altimeter Capital, Dragoneer, Greenooks, Sequoia Capital, Capital Group, Coatue, and D1 Capital Partners. The round attracted numerous institutional and strategic investors, signaling strong market confidence in Anthropic's future as a public company. The timing suggests the company moved quickly to capitalize on investor enthusiasm following the funding round.
Anthropic's IPO filing enters an unusually active public offering season. SpaceX, the rocket company founded by Elon Musk, is also targeting a public listing with a valuation of $2 trillion and plans to raise more than $75 billion. Both Anthropic and SpaceX are using confidential filing processes, which allow companies to prepare for potential offerings without publicly revealing detailed financial information, risks, or internal business metrics until closer to the actual IPO.
The move positions Anthropic to compete directly with its rival OpenAI in the public markets. OpenAI recently completed a $122 billion funding round in March at an $852 billion post-money valuation and is expected to pursue its own IPO. Founded in 2021 by former OpenAI employees, Anthropic has evolved from an underdog in the large language model space into a major enterprise AI provider, landing top-tier customers and cementing its place alongside OpenAI as one of the most valuable AI companies in the world.