The AI company Anthropic filed the necessary documents for its initial public offering (IPO) on Monday. Analysts say this move could be one of the largest IPOs in history, and it is expected that this offering will take place soon, possibly even in November.
Valuation and Goals of Anthropic
Analysts estimate the company's value to be between $1.5 trillion and $2 trillion. Anthropic, founded by seven founders including siblings Dario and Daniela Amodei, expressed its vision for the future of AI in a letter to potential investors. In this letter, they stated: "We believe AI is one of the most important technologies in human history."
Social Challenges and Risks of AI
This startup has also addressed the social risks posed by AI, stating that it may need to make specific decisions to slow down the pace of development, even if it means falling behind its competitors. Registering for this IPO is a significant milestone for a company that has only been established for five years.
The funds raised from this IPO could provide substantial resources to accelerate the company's expansion. Anthropic is set to trade on the Nasdaq under the symbol "ANT." However, the company has not yet disclosed the number of shares it intends to sell or their price, and this information remains in the documents filed with the Securities and Exchange Commission (SEC).
Anthropic confidentially registered with the SEC in June, allowing the agency to review the company's financial documents and approve them before the public offering. Goldman Sachs and Morgan Stanley are acting as the lead banks for this IPO.
The San Francisco-based company was founded in 2021 by members who separated from OpenAI. OpenAI, Anthropic's main competitor, also plans to go public next year. Both IPOs are taking place amid rising concerns about AI and competition to develop AI infrastructure, including data centers that consume large amounts of energy.
The documents filed by Anthropic indicate that the company has experienced extraordinary revenue growth but has not yet achieved profitability, similar to its AI competitors. Anthropic reported a net loss of $80.7 billion in the first half of 2026, compared to a loss of $13 billion during the same period last year.
Despite these losses, the company has stated that as of June 30, it has $112.4 billion in cash and cash equivalents. Additionally, reports suggest that the money raised from the IPO could reach $100 billion, surpassing the previous record set by Elon Musk's SpaceX, which raised $86 billion.
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