Anthropic Has Already Raised $130 Billion Ahead of Its IPO. Here's What Potential Investors Need to Know.
Its valuation based on its last private funding round was close to $1 trillion. With the IPO, it aims to double that.
Overview
After several years when there was a dearth of high-profile initial public offerings, 2026 has seen an influx of big debuts, including the two largest ones ever: tech titan Space Exploration Technologies and memory maker SK Hynix, which had already been publicly traded for decades in its home market of South Korea, but raised $26.5 billion when it cross-listed on the Nasdaq.
On their heels, artificial intelligence giant Anthropic, the developer of the Claude large language model (LLM), is preparing to go public sometime in late September or October.
Details
That company has already raised a total of more than $130 billion through a series of private funding rounds. In its last funding round this spring, Anthropic raised $65 billion at a price that put its post-money valuation at $965 billion.
Source
Originally published at www.fool.com.