- Anthropic is scheduling investor meetings ahead of a possible IPO, a person familiar with the plans told CNBC.
- Goldman Sachs, Morgan Stanley, and JPMorgan Chase are involved in the offering, representing Wall Street's three biggest banks by revenue.
- Anthropic was last valued at $965 billion after closing a funding round in May.
- The company filed its IPO prospectus with the Securities and Exchange Commission last month, but has not disclosed when it plans to debut.
- The meetings suggest Anthropic's IPO preparations are advancing, as bankers begin sounding out investor demand before a formal roadshow and eventual share sale.
- The giant AI startup could hit the public markets as soon as October, though the timing could change.
- An Anthropic listing would build on momentum from June's massive IPO and further open the public markets to companies at the center of the AI boom.
- Anthropic appears poised to beat its rival to the public, which could be an advantage for the startup if AI enthusiasm later wanes.
- The company is expected to seek a $1 trillion-plus valuation whenever it goes public.
- Anthropic has faced increased scrutiny from customers over the costs of its AI models.
- Chinese rivals such as DeepSeek are pitching their open-source models as a lower-cost alternative.
Anthropic is gearing up for a potential mega-IPO, scheduling investor meetings with major banks like Goldman Sachs, Morgan Stanley, and JPMorgan Chase. The company, which was last valued at $965 billion, aims for a valuation exceeding $1 trillion when it goes public.123
The meetings indicate that Anthropic's IPO preparations are progressing, as bankers gauge investor demand ahead of a formal roadshow and share sale. The company filed its IPO prospectus with the Securities and Exchange Commission last month but has not disclosed a specific debut date.45
Reports suggest that Anthropic could enter the public markets as soon as October, potentially beating its top AI rival, OpenAI, which is not expected to go public until 2027. This timing could provide Anthropic with a significant advantage, especially if enthusiasm for AI wanes in the future.6
The IPO would also provide fresh capital necessary for covering the costs of training its AI models, such as Claude. However, both Anthropic and OpenAI face scrutiny regarding their IPOs, with competitors like DeepSeek offering lower-cost alternatives.1011
As the AI sector continues to thrive, Anthropic's listing would further open public markets to companies at the forefront of the AI boom, following the momentum from recent massive IPOs.7
“The AI startup is reportedly considering an IPO as soon as October, which could allow it to outpace rivals like OpenAI and DeepSeek in the public markets. This move comes amid increased scrutiny over the costs of its AI models, highlighting the competitive landscape in the AI sector.”
CNBC
