Anthropic could publicly file IPO paperwork as soon as this month

Anthropic is preparing to publicly file IPO paperwork as early as the end of this month, aiming to match or surpass SpaceX's record-setting $75 billion June IPO, according to Bloomberg. The AI startup, cofounded by CEO Dario Amodei and his sister Daniela Amodei in 2021, reported Q2 revenue of $11.5 billion, up 14x year-over-year, and raised $65 billion at a $965 billion valuation in May. The filing would give the first look at Anthropic's financials and beat rival OpenAI to market, though the company faces challenges from the Trump administration's supply chain threat designation and competition from open-source AI.

Anthropic ANTH.PVT https://finance.yahoo.com/quote/ANTH.PVT/ is preparing to publicly file paperwork for its initial public offering IPO as early as the end of the month. According to Bloomberg https://www.bloomberg.com/news/articles/2026-08-20/anthropic-expects-to-match-spacex-s-record-ipo-size-or-top-it?srnd=homepage-americas , the AI startup is angling to match or surpass SpaceX's SPXC https://finance.yahoo.com/quote/SPCX/ record-setting $75 billion June IPO. The filing will give the outside world its first look at the ins and outs of Anthropic's financials, including everything from quarterly revenue growth to its biggest business segments, and more. If the AI startup sticks to its timeline, it would easily beat rival OpenAI OPAI.PVT https://finance.yahoo.com/quote/OPAI.PVT/ to market. The ChatGPT developer is widely expected to IPO later this year or in early 2027. Cofounded by former OpenAI employees Dario Amodei, who serves as CEO, and his sister Daniela Amodei in 2021, Anthropic was at one point seen as an also-ran next to OpenAI. But the company's Claude Code AI coding agent turned Anthropic into an enterprise juggernaut. Since then, the company has debuted a number of additional enterprise software offerings, including Claude Cowork, as well as integrations with leading productivity suites such as Microsoft MSFT https://finance.yahoo.com/quote/MSFT/ 365. Anthropic raised $65 billion at a valuation of $965 billion during its May funding round https://finance.yahoo.com/markets/article/anthropic-raises-65-billion-in-latest-funding-round-making-it-more-valuable-than-openai-184115591.html . In March, OpenAI announced it raised $122 billion at an $852 billion valuation. Earlier this week, The Wall Street Journal reported https://www.wsj.com/tech/ai/openais-second-quarter-sales-show-tepid-growth-compared-with-anthropic-5cb42998?mod=tech lead pos4 that OpenAI reported Q2 revenue of $6.2 billion, up 18% from the prior quarter. But according to Bloomberg https://www.bloomberg.com/news/articles/2026-08-14/anthropic-revenue-ahead-of-ipo-surges-over-14-fold-in-second-quarter , Anthropic saw revenue of $11.5 billion in its latest quarter, up 14x versus the same quarter last year. But Anthropic has also run afoul of the Trump administration, which has sought to limit the Defense Department's ability to use its AI to develop fully autonomous weapons or for the mass surveillance of Americans. The administration went on to designate Anthropic a supply chain threat. Both OpenAI and Anthropic also have to contend with up-and-coming open-source AI software, especially low-cost offerings from China, which could pull away potential customers. Email Daniel Howley at dhowley@yahoofinance.com. Follow him on X at @DanielHowley . Click here for the latest technology news that will impact the stock market . Read the latest financial and business news from Yahoo Finance