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AI company Anthropic files for U.S. IPO
๐Ÿ‡ฉ๐Ÿ‡ช Germany /Economy & Trade

AI company Anthropic files for U.S. IPO

From Die Zeit · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • AI company Anthropic has initiated formal steps for a U.S. stock market listing by filing a confidential application with the SEC.
  • The move follows a recent funding round that valued Anthropic at $965 billion, surpassing OpenAI.
  • Competitors SpaceX and OpenAI are also reportedly preparing for their own IPOs.

Artificial intelligence firm Anthropic has taken the first formal steps toward a public offering on the U.S. stock market. The company announced it has submitted a confidential draft registration statement to the Securities and Exchange Commission (SEC), a move that allows for a potential listing pending SEC review and market conditions.

This development comes shortly after Anthropic secured an additional $65 billion in investment, boosting its valuation to $965 billion and positioning it as more valuable than rival OpenAI. The company, known for its chatbot Claude, was founded in 2021 by former OpenAI employees and receives backing from major tech players like Google and Amazon, with Microsoft and Nvidia also planning significant investments.

Anthropic's IPO plans mirror those of other major tech entities. SpaceX, Elon Musk's space exploration company, is reportedly aiming for a $75 billion issuance at a $1.75 trillion valuation. OpenAI is also said to be preparing its own confidential IPO filing in the coming weeks.

Meanwhile, Anthropic is engaged in a legal dispute with the U.S. Department of Defense. The company restricted the military's unrestricted use of its AI technologies due to security concerns, leading the Pentagon to label Anthropic a "supply chain security risk." This situation contrasts with OpenAI's recent agreement with the U.S. government. Additionally, German security officials have voiced concerns about potential misuse of Anthropic's AI model, Mythos, by criminals or state actors for cyberattacks.

This gives us the opportunity to go public after the SEC's review.

โ€” AnthropicThe AI company stated its intention following the confidential filing with the SEC.
DistantNews Editorial

Originally published by Die Zeit in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.