American artificial intelligence company Anthropic, known for developing advanced AI systems and the Claude language model, is officially taking a massive step toward the US stock market. The upcoming initial public offering promises to be a historic milestone for the global tech industry, drawing immense attention from investors and regulators.
Scale and ambitions of the mega-deal
According to market sources, the company expects to secure a valuation of about $2 trillion and raise up to $100 billion during the IPO. If these parameters are approved, Anthropic will surpass SpaceX's $1.77 trillion valuation recorded after its IPO in June, setting a new record for the largest public offering in history. To put the scale into perspective: $2 trillion in $100 bills equals 20 billion banknotes, occupying about 22,584 m³ and weighing roughly 20,000 tons.Technological foundation and the Claude ecosystem
The company's core product is the Claude large language model, competing globally with top AI systems. Key investors in Anthropic include tech giants Google and Amazon, which also supply essential computing power. The business model features Claude access, enterprise APIs, and cloud infrastructure, alongside specialized tools like Claude Code for automated software development tasks.
Preparation process and deployment outlook
In June, Anthropic confidentially filed for an IPO with the US SEC, selecting Nasdaq as its primary exchange. Leading underwriters for the deal include Morgan Stanley, Goldman Sachs, and JPMorgan Chase. The company aims to finalize the offering in November, evaluating its total addressable market at over $30 trillion.