AI Giant Anthropic Files to Go Public After Nearing $1 Trillion Valuation

Anthropic has taken its first formal step toward becoming a public company, announcing Monday that it confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission for a proposed initial public offering.

The filing gives the Claude developer the option to move forward with an IPO after the SEC completes its review, although the company said any offering remains subject to market conditions and other factors.

The announcement comes days after Anthropic raised $65 billion in Series H funding at a reported $965 billion valuation, making it one of the world’s most valuable private technology companies.

Anthropic said it has not yet determined the number of shares it may offer or a potential price range.

Editor’s note: This story is breaking and will be updated with additional details.