AI Giant Anthropic Is Moving Closer to a Big IPO
Andrej Ivanov / AFP via Getty Images
Key Takeaways
- Anthropic, the company behind the Claude chatbot, filed public documents on Monday, moving closer to a major initial public offering (IPO).
- The company plans to trade on the stock market under the symbol “ANT.”
It’s official: Anthropic is moving ahead with plans for an initial public offering (IPO), which means its shares could soon be available to the public.
The company behind the Claude chatbot filed documents to go public on Monday. This is another step toward its much-anticipated stock market debut. The filing also revealed some of the company's financial details that have been made public in recent months. It showed that Anthropic brought in $16.3 billion in revenue during the six months ending June 30, but reported a net loss of $80.7 billion.
Anthropic plans to list its shares under the symbol “ANT.” Its IPO will test whether investors still want to buy AI stocks, as market ups and downs have weakened some of their enthusiasm. The PHLX Semiconductor Index, which tracks chipmakers, fell 3% last week. Over the same period, the S&P 500 ended the week about where it started.
The AI company follows SpaceX’s (SPCX) IPO, another major AI-related stock market debut in 2026. Elon Musk’s company, which works in rockets, telecommunications, and AI, raised more than $85 billion in June. It was a record-breaking deal, and SpaceX went public with a market value measured in trillions of dollars. However, excitement about the company has since faded. Its shares closed at $147 on Friday, about 9% above the price offered to IPO investors but roughly 35% below the highest price reached during the days soon after its market debut.
OpenAI, led by Sam Altman, was also seen as a possible candidate for a 2026 IPO, but it has pushed its plans back to next year. According to CNBC, the company is raising as much as $30 billion in its latest funding round. The deal would value OpenAI at $1.25 trillion.
Investors who want to gain exposure to Anthropic before its IPO have a few options. Some investment funds offer indirect ways to invest in the company, and several of the largest technology companies in the S&P 500 own stakes in Anthropic. These include Nvidia (NVDA), Microsoft (MSFT), Amazon (AMZN), and Alphabet (GOOGL).