Anthropic has filed confidentially for an IPO, co-founder Daniela Amodei confirmed at the Bloomberg Tech conference on Thursday, June 5, 2026. The move follows a $65 billion fundraise at a $965 billion valuation announced last week — a round that multiple investors told TechCrunch was greatly oversubscribed.
Amodei said the decision to pursue a public listing is driven by capital requirements. “It’s a really big upfront cost to train the models and to serve inference on them,” she said, adding that she expects frontier AI companies will increasingly need access to public markets over time.
The IPO filing comes as Anthropic reports rapid revenue growth. The company’s annualized revenue crossed $47 billion in May 2026, up sharply from approximately $9 billion at the end of 2025. That growth trajectory faces potential headwinds, however. Companies such as Uber have noted that not all of their AI spending has proven productive, raising the possibility that corporate AI budgets could tighten and slow sector-wide growth.
Amodei pushed back on those concerns, arguing that businesses are still early in learning how to deploy AI effectively. “My hope is that over time it’ll be more incorporated into the day-to-day of how humans do our work, and there will actually be a lot more value realized,” she said, pointing to coding, financial services, legal, and health care as key use cases.
Amodei also explained why Anthropic has not built its own data centers, unlike rivals OpenAI and Elon Musk’s xAI. The company prefers to avoid overextending on compute, she said, favoring a position where demand for its products slightly exceeds what it can serve rather than the reverse. Last month, Anthropic struck a deal with xAI for compute capacity, a partnership later disclosed in SpaceX’s S-1 filing at a cost of $1.25 billion per month.
Source: TechCrunch