Anthropic files to go public, racing toward a Wall Street debut amidst AI boom

AI company Anthropic, recognized for its Claude model, has confidentially submitted paperwork to the U.S. Securities and Exchange Commission (SEC) to go public. This strategic move positions the company, founded by former OpenAI executives, ahead of its rival in the highly anticipated race to the stock market.

The confidential filing follows a recent $65 billion funding round that propelled Anthropic's valuation to an estimated $965 billion, bringing it close to the $1 trillion mark. This valuation now places it as one of the world's most valuable privately held AI startups. However, specific details regarding the number of shares to be offered and their price are yet to be disclosed, with the ultimate timing of the initial public offering subject to market conditions and regulatory approval.