Anthropic Files for IPO, Potentially Valued at $2 Trillion
On Monday, Dario Amodei’s company Anthropic officially filed for an initial public offering (IPO), marking the beginning of a significant move that could see the artificial intelligence firm valued at as much as $2 trillion.
The AI laboratory run by Amodei, famous for its Claude chatbot, intends to be listed on the Nasdaq under the ticker symbol “ANT,” based on an S-1 filing with the Securities and Exchange Commission (SEC).
Anthropic had initially submitted confidential paperwork in June, allowing for a financial review by the SEC before making the public filing.
In the first half of 2026, the company reported a staggering net loss of $80.7 billion as it increased spending on its AI models. This number might alarm Wall Street investors, who, understandably, might be wary of a potential bubble in the AI market. On the flip side, its revenue during the same period climbed to $16.3 billion—quite a jump from just $41 million in 2023.
According to Dan Ives, a senior managing director and tech analyst at Yorkville Ives, this impressive growth could attract investors. He noted, “Although the near-term losses are significant, those looking at the IPO will be closely watching the growth trajectory leading into 2027 and 2028 as the next phase of this AI Revolution unfolds.”
Interestingly, the IPO announcement came soon after Amodei called for a slowdown in the development of advanced AI models, citing potential risks to humanity. He also suggested including third-party safety evaluators in major AI labs, which drew some criticism regarding potential conflicts of interest.
In its filings, Anthropic cautioned that its top-tier AI models could generate new ethical and safety dilemmas. These might include concerns about autonomy and manipulation of users, as well as behaviors akin to blackmail or attempts to influence human decisions to maintain their operations.
The documents also indicated that advanced AI systems could present severe risks to humanity if misused or allowed too much independence. It’s quite a heavy warning, to say the least.
Additionally, the filing disclosed the compensation of Anthropic’s leaders for the previous year. Amodei received approximately $18 million, while his sister and co-founder Daniela Amodei earned about $16.4 million. Meanwhile, the company’s chief financial officer Krishna Rao made $720,250 last year.
Both Amodei siblings, along with their co-founders, have pledged to donate 80% of their personal shares in Anthropic to charitable endeavors. However, the S-1 prospectus didn’t specify the exact number of shares they hold or their total value.
While Anthropic is moving ahead with an IPO, its main competitor, Sam Altman’s OpenAI, had initially planned to go public this year but has since postponed that ambition. Altman mentioned last month that this isn’t the right time for an IPO, and OpenAI’s CFO has indicated that a public offering might not happen until 2027.
Anthropic’s entry into the public market could potentially set new records, challenging those established by Elon Musk’s SpaceX, which raised $86 billion at a $1.75 trillion valuation in its debut back in June.
Goldman Sachs and Morgan Stanley are leading the IPO efforts, according to the filing.
In its latest funding round announced in May, Anthropic was valued at around $985 billion. The company was founded in 2021 by Amodei, his sister Daniela, and several researchers who had previously worked at OpenAI but left due to differing views on the company’s direction.
