Anthropic's CFO is leading early IPO meetings but has not talked valuation

Anthropic, the artificial intelligence company, is in the preliminary stages of planning its initial public offering (IPO), according to a CNBC report. CFO Krishna Rao is spearheading discussions with potential investors, though specific financial figures or valuation targets have not been disclosed. The company submitted its confidential prospectus to the Securities and Exchange Commission (SEC) in June, but has yet to announce a public listing date.

During these early investor meetings, talks have centered around general topics such as Anthropic's Claude AI models, the development of its coding assistant Claude Code, its strong position in the enterprise market, management structure, and recent product releases. The company's valuation, as reported in May, was an impressive $965 billion, outpacing OpenAI's $852 billion valuation from March. Anthropic disclosed that its run-rate revenue surpassed $47 billion, compared to the $10 billion generated in 2025.

With traction in the enterprise AI market, investors are speculating that Anthropic could potentially target a valuation of $2 trillion or higher, based on its revenue growth. However, this figure is merely an analyst's projection and has not been officially confirmed by Anthropic.