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Public Market Preparation: Anthropic Confidentially Files for IPO Amid Substantial Growth

AI startup Anthropic has confidentially filed for an initial public offering (IPO) following a highly oversubscribed private funding round that valued the company at $965 billion. The company has reported explosive financial growth, with its annualized revenue skyrocketing from $9 billion in late 2025 to $47 billion in May 2026. Despite concerns regarding the productivity of corporate AI spending, Anthropic co-founder Daniela Amodei remains confident in long-term enterprise returns and highlighted their strategic compute partnership with xAI.