Owner of Claude, Anthropic files confidential IPO request in the US

Anthropic announced on Monday that it has filed confidential plans for an IPO (initial public offering of shares), preparing for what is expected to be one of the most highly anticipated market debuts in years.

The company reported that it has not yet determined how many shares it will sell or at what price. However, registration with the Securities and Exchange Commission paves the way "for a proposed initial public offering of our common stock," Anthropic said.

Anthropic's offering is one of three highly anticipated AI initial public offerings slated for this year, along with OpenAI and SpaceX - allowing retail investors to participate in some of the most valuable AI startups and offering early investors the chance at big returns.

The announcement came after Anthropic reported last week that it had raised an additional US$65 billion, valuing the company at US$965 billion.

Anthropic has become one of the leading players in artificial intelligence, although this has also brought some challenges. Earlier this year, the company found itself embroiled in a public dispute with the White House and Department of Defense over the use of its technology.

In addition, its powerful Mythos AI model has also raised cybersecurity concerns in the government and on Wall Street.

But Anthropic also rapidly expanded its enterprise offerings this year, building on the popularity of its Claude Code software development tool.

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Anthropic has been gaining ground in the dispute with its main rival, OpenAI. Its new valuation puts it ahead of the $852 billion valuation OpenAI achieved in March.

Anthropic also surpassed OpenAI in enterprise adoption of its enterprise tools this spring, according to data from fintech company Ramp.

However, it faces new competition from OpenAI and Google as both companies update and improve their own coding tools.

An initial public offering would also provide the first concrete window into the company's financial data, amid concerns about an AI bubble that have been growing over the past year.

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Source: CNN