In a major move for the artificial intelligence industry, US-based AI company Anthropic has confidentially submitted a draft registration statement to the US Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of its common stock. The announcement was made in a statement posted on Monday, signaling the company's intention to potentially go public after the SEC completes its review process.
Company Statement on IPO Filing
Anthropic, PBC stated that the confidential filing provides the company with the option to proceed with an IPO once the SEC review is finalized. The company emphasized that the offering will depend on market conditions and other factors. The number of shares to be offered and the price range have not yet been determined, as per the statement.
Anthropic also clarified that the announcement is made under Rule 135 of the Securities Act of 1933, and it does not constitute an offer to sell securities or a solicitation of an offer to buy them. Any offers or sales will only be made in compliance with the registration requirements of the Securities Act.
Valuation and Funding
Anthropic has reached a valuation close to a trillion dollars, surpassing its rival OpenAI. In its latest funding round, the company raised $65 billion, led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. This round valued Anthropic at $965 billion post-money. The company's AI model, Claude, has seen growing adoption among global enterprise customers, with run-rate revenue crossing $47 billion earlier this month.
CFO Comments on Growth
Krishna Rao, Chief Financial Officer of Anthropic, stated that Claude is becoming increasingly indispensable to the company's growing global customer base. He highlighted the company's efforts to make tools like Claude Code and Cowork more helpful, powerful, and adaptable to customer needs.
The latest funding will be used to advance safety and interpretability research, expand compute capacity to meet growing demand for Claude, and scale products and partnerships that customers rely on. Rao added that the funding will help the company serve historic demand, stay at the research frontier, and bring Claude to more workplaces.
Investor and Revenue Details
Significant investors in the funding round include AMP PBC, Baillie Gifford, Blackstone, Brookfield, and D.E. Shaw Ventures. Additionally, infrastructure partners such as Micron, Samsung, and SK Hynix have joined the slate of marquee investors. Anthropic estimates a revenue of $10.9 billion, more than double its previous figure. The company is expected to report its first operating profit in the June quarter.
This development underscores the rapid growth and market interest in AI companies, with Anthropic positioning itself for a public listing amid strong demand for its AI solutions.
