Could Anthropic pull off the biggest IPO ever? Five things you need to know
SAN FRANCISCO, Aug 26 — Anthropic, the OpenAI rival that bet everything on computer coding, is expected to go publ...
Anthropic, a rival to OpenAI, is poised to go public soon, potentially shattering the record for the biggest IPO ever set by SpaceX in June. The company, founded in 2021 by former OpenAI executives, has built its reputation on coding and developer tools. Anthropic's CEO and co-founder, Dario Amodei, holds a PhD in biophysics and is the brainchild behind the company's narrow focus on AI for programmers, which has proven to be highly lucrative.
Despite political challenges, including a legal dispute with the Trump administration over AI access, Anthropic's Claude Code assistant has become a popular product, driving projected annual revenue to US$65 billion. However, the company's massive infrastructure needs and the need to compete with companies like OpenAI, who recently raised US$65 billion, mean that Anthropic will likely need to go public to secure the necessary funding.
Even with a successful IPO, investors should be prepared for significant losses, as the company has already reported a loss of nearly US$42 billion in 2025.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
