Anthropic Eyes Historic $965B IPO: Could Beat OpenAI to Public Markets
The startup could become one of the largest public offerings in AI as investors question whether massive spending will pay off.
- Anthropic is preparing for a potential IPO, targeting a market debut in September or early October with a valuation of about $965 billion.
- Strong demand for Claude Code, an AI tool that reached $47 billion in run-rate revenue in May, has bolstered Anthropic's market position alongside strategic computing partnerships with Google and SpaceX.
- Investors increasingly question whether Amazon and Microsoft's planned spending of more than $700 billion on AI infrastructure will generate sustainable returns, as Chinese companies release open-source models reportedly 60% to 90% cheaper.
- Anthropic's listing follows SpaceX's record-breaking June debut, where the company briefly reached a valuation above $2 trillion before shares fell more than 16%, illustrating risks for highly valued companies.
- Anthropic plans to expand into healthcare and biology to diversify commercial reach, while hyperscalers argue their heavy spending is safe, citing customer commitments extending through 2027 and 2028.
13 Articles
13 Articles
Anthropic Eyes Historic $965B IPO: Could Beat OpenAI to Public Markets
Anthropic is preparing investors for what could become one of the biggest technology listings ever seen. The artificial intelligence company, valued at about $965 billion, is reportedly targeting a stock market debut in September or early October. If it proceeds at that level, the listing could rival or even surpass the record set by SpaceX. But before making its public-market debut, Anthropic is facing a crucial test. Can it convince investors …
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While the future of artificial intelligence is still incredibly bright, there is a scenario in which the trade takes a scary turn.
'Fast Money' traders discuss the state of the AI trade
The 'Fast Money' traders discuss the state of the AI trade.
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