tech
Anthropic files confidential S-1, blazing toward blockbuster IPO
Anthropic, which just raised a new round of funding at a $965 billion valuation, has filed confidentially for an IPO.
TL;DR
- Anthropic has filed its confidential S-1 draft with the U.S. Securities and Exchange Commission.
- The filing indicates a move towards an Initial Public Offering (IPO).
- Anthropic and rival OpenAI are in a race to go public, with expectations of valuations above $1 trillion.
- Anthropic's valuation recently increased to $965 billion in a new funding round.
- The company's Claude Code product has contributed to its rapid growth.
- Anthropic's business dealings with the U.S. government, particularly regarding AI for surveillance and weapons, are noted.
- SpaceX, which is renting compute power to Anthropic, is also expected to IPO soon.