Anthropic Files for IPO with $2 Trillion Valuation Target
Anthropic, a leading AI company, filed confidentially for an initial public offering (IPO) in June and is aiming to price its shares by the end of the year. The firm has set a target valuation of $2 trillion, surpassing SpaceX's current valuation and potentially making it the largest IPO ever recorded. This marks a significant jump from Anthropic’s last private funding round valuation of $965 billion earlier this year. Anthropic reported an annualized revenue run rate exceeding $65 billion by July 2026, driven largely by enterprise adoption of its AI models and partnerships with Amazon Web Services (AWS) and Google Cloud. Both Amazon and Alphabet hold substantial stakes in the company, which could benefit from Anthropic's public listing. Nvidia is also reportedly considering a major investment to strengthen their partnership. Despite rapid growth, Anthropic’s profitability remains uncertain as it claims adjusted profits for Q2 2026 but has not disclosed GAAP figures that include depreciation and other expenses. Additionally, concerns around AI safety raised by its CEO may delay the IPO or affect investor sentiment.
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