From Pymnts · PYMNTS · · 1m 20s
Anthropic eyes November IPO as revenue explodes
The AI startup plans to go public later this year, potentially raising $100 billion and valuing the company at $2 trillion.
In brief
The AI startup plans to go public later this year, potentially raising $100 billion and valuing the company at $2 trillion. Anthropic's explosive revenue growth from $9 billion to $65 billion in less than a year is fueling plans for one of the largest IPOs ever, despite growing concerns about AI safety. Originally…
Anthropic targets November IPO
The AI company plans to go public in November, later than the October date many investors expected. The timing allows Anthropic to share strong third-quarter financials.
Revenue surges to $65 billion
Anthropic's revenue run rate jumped from $9 billion at the end of 2025 to $65 billion by late July. This explosive growth bolsters the company's IPO plans.
Potential $2 trillion valuation
An IPO could value Anthropic at roughly $2 trillion and raise as much as $100 billion, surpassing the records set by SpaceX in June.
OpenAI won't go public in 2026
OpenAI CEO Sam Altman said his company will not have an IPO this year, calling it an ill-advised moment given concerns about AI safety.
“right now would be an ill-advised moment to go public”
Enterprises will keep adopting AI
Industry experts say a potential slowdown in frontier AI development won't stop companies from deploying the technology. Adoption will continue regardless of new model availability.
“Enterprises won't stop adopting AI just because they don't have new models to deploy”
The one thing
Anthropic's explosive revenue growth from $9 billion to $65 billion in less than a year is fueling plans for one of the largest IPOs ever, despite growing concerns about AI safety.
