Artificial intelligence (AI) heavyweight Anthropic has confidentially filed for a US IPO, moving ahead of rival OpenAI in a closely watched race that could define how Wall Street values the next generation of AI giants.
The filing marks a pivotal step in what is shaping up to be one of the most significant listings in years, with Anthropic last valued at about US$965 billion following a rapid late-May funding round that more than doubled its valuation in months.
While details on size and timing remain undisclosed, the IPO would serve as a key test of investor appetite for artificial intelligence firms that have commanded sky-high private valuations amid intense competition for capital and talent.
The move comes as OpenAI is also widely expected to file confidentially for a public listing, setting the stage for a rare head-to-head IPO race between two of the most influential players in the global AI boom.
Analysts say the outcome could help set the valuation framework for frontier AI companies and influence broader equity market flows, particularly as investors weigh optimism over AI-driven growth against concerns about sustainability and monetisation.
If successful, Anthropic’s listing would place it among the most valuable companies ever to enter public markets, underscoring the scale and speed of capital inflows into the AI sector as it reshapes global technology investment trends.
