Anthropic targets $2 trillion valuation for October IPO
AI lab Anthropic is planning an initial public offering in October that could value the company at about $2 trillion, with projected annual revenue of $100-$120 billion.
Anthropic, the artificial-intelligence research firm, is preparing an initial public offering slated for October that could value the company at roughly $2 trillion, according to sources familiar with the plan. Investors expect the lab’s annual revenue run rate to reach between $100 billion and $120 billion by the end of the year, supporting the high valuation target. The company has not formally fixed the valuation, and the IPO remains under discussion.
Separately, Anthropic is reportedly in negotiations to acquire Decart, a startup focused on world-model technology, for about $6 billion, according to Bloomberg.
"We believe the revenue trajectory and market positioning justify a valuation in the low-trillion range," a spokesperson for Anthropic said.
The proposed float would surpass the market capitalisation of other high-profile private tech firms, including SpaceX, making it the largest public offering on record if completed.
The announcement comes amid broader market optimism, with U.S. equities gaining after recent inflation data eased expectations of further interest-rate hikes. Analysts note that the AI sector continues to attract significant investor interest, though some observers caution that valuations remain speculative.
No formal filing has been made with regulators, and the final terms of the offering will depend on market conditions and investor demand.