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Anthropic files for blockbuster initial public offering

Move sets up race with OpenAI and SpaceX, testing Wall Street’s appetite for the AI boom

Anthropic has filed for an initial public offering that is set to value the Claude maker at more than $1tn, setting up a race with OpenAI and SpaceX that will test investors’ appetite to back cash-burning AI labs.

The group on Monday said it has confidentially submitted paperwork to the US Securities and Exchange Commission, kicking off a process that could set the stage for its Wall Street debut within a few months.

OpenAI, recently valued at $852bn, is also planning to file imminently, while SpaceX published its IPO prospectus last month, targeting a listing at a valuation of $1.75tn in the coming weeks.

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