Anthropic filed for an initial public offering on Monday, submitting a confidential draft S-1 to the Securities and Exchange Commission and setting up a potential public debut as soon as this fall.
The company was valued at $965 billion in its Series H funding round earlier this year and was reported to be in talks to raise approximately $50 billion ahead of an October listing window, with Goldman Sachs, JPMorgan Chase and Morgan Stanley as underwriters. The number of shares and offering price have not been set.
Anthropic’s filing follows SpaceX, which filed its confidential S-1 on April 1, and OpenAI, which filed on May 22. All three are moving toward the public markets within roughly two months.
The company’s annualized revenue reportedly crossed $30 billion in April and approached $44 billion in May, with a first operating profit of approximately $559 million projected for the second quarter, according to CNBC. Counterpoint Research put Anthropic’s share of the global large language model market at 31.4 percent in the first quarter, ahead of OpenAI’s 29 percent.
Anthropic was founded in 2021 by former OpenAI executives Dario and Daniela Amodei. Its flagship product is the AI assistant Claude. The filing was made under Rule 135 of the Securities Act and is not an offer to sell securities.
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