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Anthropic reportedly looking to IPO as early as mid-November
Yahoo Finance • • business
Key Points:
- Anthropic is planning to launch its initial public offering (IPO) as early as mid-November, targeting a valuation of up to $2 trillion, which would make it the largest IPO ever.
- The company, founded in 2021 by former OpenAI employees, reported a 12-fold revenue increase in 2025, reaching approximately $4.6 billion.
- Anthropic's AI products, including the Claude Code platform and Claude Cowork tool, have gained significant traction in the enterprise and software-as-a-service markets.
- Despite Anthropic's IPO plans, OpenAI remains a strong competitor with annual recurring revenue nearing $70 billion and the recent launch of its GPT-6.1 Sol model.
- Anthropic faces ongoing challenges, including regulatory scrutiny from the U.S. Department of Defense and internal calls for slowing AI development amid concerns about the risks of advanced AI models.
