Anthropic, the maker of the Claude family of AI models, said today that it has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission.
A company files a confidential IPO for the SEC to review before the filing is disclosed to the public. Any needed revisions are made without public scrutiny of the company’s financial information.
“This gives us the option to go public after the SEC completes its review,” the AI startup said in a blog post.
Anthropic, which was recently valued at nearly $1 trillion, could go public as early as this fall, according to The Wall Street Journal.
Its chief rival, OpenAI, is expected to be filing paperwork for an IPO soon.
The IPOs of Anthropic and OpenAI are among the most widely anticipated blockbuster offerings this year. SpaceX already made its filing as the largest IPO in history thus far.