Anthropic eyes October IPO in race with OpenAI as Claude AI maker targets $60 billion raise

2 Sources

Share

AI startup Anthropic is considering going public as soon as October 2026, potentially raising over $60 billion in what could be one of the year's most significant tech listings. The Claude AI chatbot maker has begun early discussions with Wall Street banks including Goldman Sachs, JPMorgan Chase, and Morgan Stanley as it races with rival OpenAI to complete an initial public offering.

Anthropic Targets October for Potential IPO

AI startup Anthropic is preparing for a potential Initial Public Offering (IPO) as early as October 2026, according to sources familiar with the matter

1

. The Claude AI chatbot maker has initiated early discussions with Wall Street banks about leading roles in what could become one of the year's most significant tech listings. Goldman Sachs, JPMorgan Chase, and Morgan Stanley are expected to be under consideration for key positions on both Anthropic and competing with rival OpenAI's listings

1

.

Source: PYMNTS

Source: PYMNTS

Some bankers estimate the fourth-quarter IPO could raise more than $60 billion, though deliberations remain ongoing and no final decisions have been made

2

. The company's plans could change at any time, and it could decide not to go public at all

2

.

Strong Valuation and Revenue Growth Drive Listing Plans

Anthropicwas valued at $380 billion in a $30 billion funding round co-led by MGX that closed in February

1

. This represented a substantial jump from the $183 billion valuation in its Series F round just five months earlier in September 2025, when it raised $13 billion

2

.

The artificial intelligence company's run-rate revenue topped $19 billion in early March, more than doubling the $9 billion achieved approximately three months earlier

2

. This explosive growth has been driven by the popularity of Claude Code and other AI models and products. When announcing its Series G funding round in February, the company attributed investor interest partly to its strength in enterprise AI and coding

2

.

Strategic Partnerships and Market Position

Founded in 2021 by former OpenAI staffers including Chief Executive Officer Dario Amodei, Anthropic has positioned itself as a more responsible AI steward than its competitors

1

. Claude AI and its underlying technology have gained traction with enterprise customers in sectors like finance and healthcare, as well as with developers.

Source: ET

Source: ET

The company has forged partnerships with Google's parent Alphabet Inc., Amazon.com Inc., Microsoft, and Nvidia. These established firms have taken stakes in the AI startup and provided Anthropic with specialized chips and other technology in deals worth tens of billions of dollars . Anthropic has pledged to spend $50 billion to build custom data centers in the US

1

.

Legal Victory Against Pentagon Supply Chain Risk Designation

Anthropicrecently won a preliminary injunction blocking the Pentagon's designation of the company as a supply chain risk and the associated government ban on federal agencies using its products

2

. The company had argued in court that it could lose billions of dollars due to the ban, with an attorney stating that more than 100 customers expressed concerns about continuing to engage with Anthropic following the government's actions

2

. A final verdict could be months away

2

.

The company announced on March 23 that its Claude AI model can now use customers' computers to carry out tasks such as exporting pitch decks as PDF files and attaching them to invitations, demonstrating continued product development momentum

2

.

Today's Top Stories

TheOutpost.ai

Your Daily Dose of Curated AI News

Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.

© 2026 Triveous Technologies Private Limited
Instagram logo
LinkedIn logo