BusinessJun 5, 2026
Anthropic files confidentially for an IPO at a ~$965B valuation
Anthropic submitted a confidential S-1 to the SEC, reportedly showing a $47B revenue run-rate and a $965B post-money valuation from its Series H round. Analysts increasingly treat a trillion-dollar debut as the base case.
Why it matters: It would be one of the largest tech listings ever — and a milestone test of how public markets value frontier-AI labs.