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The Economic Times
The Economic Times
Technology

Anthropic confidentially files to go public; potential trillion-dollar IPO will test Wall Street appetite for AI companies

Dario Amodei-led artificial intelligence (AI) company Anthropic, maker of the popular Claude chatbot and coding tool, among other things, confidentially filed draft papers in the US on Monday for an initial public offering (IPO). Rival OpenAI, led by Sam Altman, is also looking to raise money from the public but has not yet filed for an IPO.

If Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anthropic and OpenAI are within shouting distance of the trillion-dollar mark.

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