Anthropic, the artificial-intelligence company behind the Claude chatbot, is preparing for a potential initial public offering (IPO) that could take place as early as 2026. The company has begun formal groundwork by hiring a top US law firm to manage the regulatory and legal aspects of a future listing.
It has also held informal discussions with major global investment banks, signalling growing interest in tapping public markets. However, no underwriters have been finalised so far.
The stepcomes at a time when demand for advanced AI services is rising sharply across industries. An IPO would provide Anthropic with significant capital to accelerate expansion, fund large-scale infrastructure, and pursue strategic acquisitions. The company, founded in 2021, has grown rapidly and now counts more than 300,000 business and enterprise clients using its AI tools.
Anthropic is also negotiating a private funding round that could value the company at over $300 billion, reflecting strong investor confidence in its technology roadmap and enterprise adoption. Internally, the company expects its annualised revenue run rate to more than double next year, with projections indicating a possible jump to $26 billion. This places Anthropic among the fastest-scaling companies in the generative AI sector.
Despite these developments, the company has clarified that no final decision has been made about when or whether it will go public. Executives have indicated that the focus remains on strengthening core products, expanding in key global markets, and improving safety and reliability standards for AI deployment.
If Anthropic does pursue an IPO, it is likely to become one of the largest listings in the history of the AI industry, especially as competition intensifies among major players. The move would also offer the public markets a closer look at the financial performance and long-term business model of a leading AI developer at a time when the sector’s commercial potential is rapidly evolving.
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