Finance

Anthropic files confidential IPO bid following $65 billion capital raise

The company behind the Claude model has submitted draft documents to US regulators, capping a massive funding round that valued the firm at up to $965 billion.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: Financial Times · original
Anthropic confidentially files for IPO
AI developer positions itself among largest potential tech listings as valuation debates persist

Anthropic, the artificial intelligence developer behind the Claude model, has confidentially filed for an initial public offering with the US Securities and Exchange Commission. The submission of a draft S-1 registration statement confirms the company’s intent to pursue a public listing, a move that positions it among the most significant potential technology sector IPOs.

The filing follows the closure of a $65 billion funding round completed last week. Industry observers note that this substantial capital raise has reshaped the company’s market standing, reflecting intense investor interest in the artificial intelligence sector. The transaction places Anthropic in close proximity to other major tech players navigating the path to public markets.

Valuation figures associated with the recent capital raise present a discrepancy within market reports. While the primary event summary cites a valuation of $900 billion, historical context from the Financial Times references a figure of $965 billion. The specific terms of the confidential filing, including potential share price ranges or designated underwriters, have not been disclosed.

The development occurs against a backdrop of broader market activity and geopolitical engagement. US stock markets rose on Thursday, with the Dow Jones Industrial Average gaining 0.8 per cent and the Nasdaq Composite climbing 0.2 per cent. Nvidia shares surged more than 2 per cent following news that the US approved H200 chip sales to Chinese firms.

These market movements coincided with a two-day summit in Beijing between US President Donald Trump and Chinese President Xi Jinping. The agenda for the meeting included discussions on trade, artificial intelligence, and the Strait of Hormuz, with attendance from major technology executives including Elon Musk, Tim Cook, and Jensen Huang.

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