Key Points
- Anthropic has hired Wilson Sonsini to assist with IPO preparations.
- The potential IPO could occur as early as 2026.
- The company is running an internal checklist for public‑market readiness.
- Anthropic is evaluating a new funding round that may value it above $300 billion.
- No underwriter has been selected, but investment banks are being consulted.
- The move follows a recent $13 billion raise that set valuation at $183 billion.
- Peers like OpenAI, valued at $500 billion, are also testing IPO waters.
Background
Anthropic, the artificial‑intelligence startup known for its advanced language models, is taking concrete steps toward a public listing. According to the Financial Times, the company could debut on the stock market as early as 2026. This timeline follows a series of high‑profile fundraising events, most recently a $13 billion round that pushed its valuation to $183 billion.
Legal Preparations
To navigate the complexities of an IPO, Anthropic has brought on the services of Wilson Sonsini, a law firm that has advised the company since 2022. The firm is helping the startup launch an internal checklist designed to meet regulatory and operational requirements for a potential public offering.
Funding Outlook
In parallel with its legal groundwork, Anthropic is reportedly considering another funding round that could lift its valuation to more than $300 billion. While the company has not yet chosen an underwriter, it is in discussions with multiple investment banks to support the eventual listing.
Industry Context
The move aligns Anthropic with broader trends in the AI sector, where rivals such as OpenAI—valued at $500 billion—are also exploring IPO possibilities. Both firms are navigating a rapidly expanding market for generative AI technologies, with significant investor interest and escalating valuations.
Implications
Anthropic’s preparation signals confidence in its growth trajectory and its readiness to meet the scrutiny of public markets. By securing top‑tier legal counsel and engaging with financial institutions, the company positions itself to capitalize on the momentum in the AI industry and to potentially become one of the largest IPOs in the sector.
Source: techcrunch.com