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Blacklisted AI company Anthropic, White House ease tensions ahead of IPO, sources say
On Monday, Anthropic confidentially filed its IPO prospectus with the Securities and Exchange Commission, advancing toward a public market debut valued at $965 billion.
Despite the Pentagon's 'supply-chain risk' designation, Anthropic's relationship with the Trump administration is warming as the company challenges the label in federal court.
President Donald Trump signed an executive order on Tuesday requiring advanced model testing; Anthropic stated it looks forward to "collaborating" with the White House on implementation.
Anthropic, SpaceX, and OpenAI could bring more than $3 trillion in equity value to the U.S. stock market within a short period, creating one of the most concentrated IPO cycles in financial history.
Harrison Rolfes, analyst at PitchBook, warned that gross margins—not the $965 billion valuation—will determine Anthropic's long-term viability as the offering faces intense scrutiny.