Artificial intelligence company Anthropic is moving toward going public on Wall Street, the latest chapter in its meteoric rise from a little-known research laboratory to one of the leading AI companies valued at $965 billion.
Anthropic said Monday it has submitted a confidential filing with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock.
"This gives us the option to go public after the SEC completes its review," Anthropic said in a brief statement. "The proposed initial public offering will depend on market conditions and other factors."