Anthropic's IPO Could Come Within Weeks. Amazon Already Owns a Piece of It.
The e-commerce giant already carries its stake at around $239 billion. What changes when the Claude maker's stock trades?
Anthropic, the company behind the popular Claude AI models, has filed paperwork to list its shares on the Nasdaq under the ticker symbol ANT. However, the filing did not specify a price range for the initial public offering (IPO). According to a source familiar with the matter, the company plans to begin its roadshow on November 9 and price the deal the following week.
Amazon, the tech giant, has a significant stake in Anthropic, having invested $18 billion since 2023, valued at approximately $239 billion as of September 30. This investment is split into two parts - $8 billion in convertible notes purchased from 2023 to 2025, and $5 billion in preferred stock in Anthropic's Series G round in the second quarter of 2026, with the option to add up to $20 billion more.
Amazon's preferred stock is currently valued at $14.8 billion, while the convertible notes are at $146.2 billion. An IPO could provide Amazon investors with a market price for their investment, which currently stands at around 8% of Anthropic's market value. The IPO could also bring a one-time boost to Amazon's earnings, as the conversion of preferred stock into common shares could result in a significant gain.
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