Anthropic IPO set to generate massive gains for early backers - Bloomberg

Investing.com — Anthropic’s (NASDAQ: ANTP) upcoming initial public offering (IPO), when a company first sells its shares to the public, is expected to bring huge profits to some of its early investors, government-backed investment funds, and investors who joined later, according to Bloomberg. Anthropic, the San Francisco-based company that makes the Claude chatbot, is preparing to file the paperwork for its public offering in the coming days. This could lead to one of the most profitable stock market debuts in technology history.

Iconiq Capital is among the biggest potential winners. It has invested more than $6 billion in the artificial intelligence company. Although Iconiq first invested in 2025, when Anthropic was already valued at $183 billion, the value of its stake has grown to about $17 billion, based on Anthropic’s latest private valuation of $965 billion.

The value of that investment could rise much further if Anthropic reaches the $2 trillion valuation that some market participants expect when it goes public. Early investors, including Spark Capital and Sound Ventures, could also make extremely large profits. They invested when the startup was valued at just $5 billion in 2023.

Large investors that joined more recently are also expected to make significant profits from the IPO. Singapore’s government-backed investment fund GIC and venture capital firm Sequoia Capital each own about 1% of Anthropic after making investments worth billions of dollars over the past year.

The public offering is also expected to create enormous personal wealth for Anthropic’s seven billionaire co-founders and thousands of employees. Giving investors a chance to sell their shares and access their money could also help bring new energy to the wider venture capital industry. It could encourage more investment in artificial intelligence, even as investors continue to question whether company valuations are too high.