An article summarized by TechCrunch:

Anthropic, the AI company behind Claude, has confidentially filed for an IPO, signaling a potential move to public markets. The company, reportedly valued near $1 trillion, submitted draft paperwork to the SEC but has not yet disclosed pricing or share details. The confidential filing allows Anthropic to prepare privately before deciding whether to move ahead based on market conditions.

The filing comes shortly after Anthropic raised $65 billion in a massive funding round that pushed its valuation to roughly $965 billion. The move lands amid a booming IPO environment that also includes major offerings like SpaceX and growing expectations that rival OpenAI will pursue its own public listing. A future Anthropic IPO could set up a major showdown between the two leading AI labs as investors test their appetite for artificial intelligence companies.

Founded in 2021 by former OpenAI employees, Anthropic has rapidly evolved from an underdog into a major AI player with strong enterprise adoption and explosive revenue growth. The company says its revenue run-rate has climbed from $9 billion at the end of 2025 to over $47 billion recently. Growth could accelerate further as Anthropic expands access to its powerful Mythos model, which remains limited after reportedly uncovering thousands of serious software vulnerabilities during testing.

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