AI giant Anthropic confidentially files to go public on US stock market

AI giant Anthropic has confidentially filed a draft registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock. This strategic move allows the company, known for its Claude chatbot, to undergo SEC review and communication without immediately disclosing sensitive financial information to the public. The exact details regarding the number of shares to be offered and their price range are yet to be determined, with the final decision to go public hinging on prevailing market conditions and other strategic considerations.

This confidential filing represents a significant milestone in the artificial intelligence sector, positioning Anthropic for one of the most anticipated public debuts of the current AI era. The company's valuation has surged dramatically, reaching an estimated $965 billion following a recent $65 billion funding round in late May. Anthropic's reported annual recurring revenue is projected to hit $47 billion for 2026, although the substantial costs associated with training advanced AI models contribute to a high "cash burn" rate. The move intensifies the race among leading AI firms, as rivals like OpenAI and Elon Musk's SpaceX are also reportedly eyeing potential stock market listings this year.