OpenAI rival Anthropic, the artificial intelligence (AI) startup that developed the popular Claude AI chatbot, is reportedly planning an initial public offering (IPO) in 2026. financial times It was reported on December 2nd.
The fast-growing AI unicorn, backed by Amazon and Alphabet Inc.’s Google, has hired law firm Wilson Sonsini to prepare for a public listing, the report added.
Currently being supported Reuters In response to questions, an Anthropic spokesperson said the company has not yet decided when or if it will go public. Anthropic had previously engaged Wilson Sonsini on other corporate matters, but the law firm did not respond. ReutersQueries at time of writing.
Why is Anthropic pursuing an IPO?
According to the IPO, the IPO will help Anthropic raise new capital and gain greater acquisition leverage through public equity. Reuters. The move comes as AI adoption accelerates globally, driven by increased corporate technology spending and investor appetite for AI stocks, it added.
F.T. Anthropic’s IPO could occur as early as 2026, with sources familiar with the matter saying Anthropic is in “early stage” and “informal” discussions with major investment banks about a potential listing. Therefore, it may take some time to select an IPO underwriter, he added.
According to reports, the AI startup is in talks for a private funding round that could value it at more than $300 billion.
Anthropic, led by Dario Amodei, expects annual sales to more than double, and even triple, to about $26 billion next year. We have over 300,000 business and enterprise customers. Reuters said the report.
OpenAI IPO could boost valuation to $1 trillion
Notably, OpenAI is also preparing for an IPO, which will be the largest in history and will value the ChatGPT maker at up to $1 trillion. The Microsoft-backed company is laying the groundwork for a public listing and could file with securities regulators by the second half of 2026, the company said. Reuters.
OpenAI Chief Financial Officer Sarah Friar said in November that going public is not in the company’s short-term plans.
Last month, Microsoft and Nvidia announced plans to invest up to $15 billion in the AI company Anthropic after the company pledged $30 billion to use Microsoft’s cloud services. Founded in 2021 by former OpenAI staff, Anthropic was recently valued at $183 billion.
(Information provided by Reuters)
