New York Times
Major
AnthropicIPOFundingAnthropic Could Aim for $100 Billion IPO at Up to $2 Trillion Valuation
August 21, 20264 min read
Anthropic’s bankers have told potential investors the company could raise as much as $100 billion in an IPO that might value the five-year-old startup at up to $2 trillion, potentially exceeding SpaceX’s record.
Why it matters
If realized, the offering would set a new benchmark for AI company valuations and intensify the public-market race between Anthropic and OpenAI.
Anthropic is exploring an IPO that could raise as much as $100 billion and value the company at up to $2 trillion, according to people familiar with discussions between the company and its bankers. Such a valuation would exceed the levels discussed for SpaceX and would rank among the largest technology listings in history.
The five-year-old company has already reported explosive revenue growth, with its run rate recently cited near $65 billion. Bankers have been testing investor appetite for an offering of this scale as Anthropic prepares for a possible public debut.
The talks underscore how dramatically AI laboratory valuations have expanded and set up a high-stakes comparison with OpenAI’s own eventual public-market plans.