Anthropic Files for IPO at Over $965 Billion Valuation Amid Government Lawsuit and Pre-Profitability

U.S. regulators on Monday for an initial public offering planned later this year. The company behind the Claude chatbot said the price and number of shares have not yet been set.

Private investors recently valued Anthropic at more than $965 billion, ahead of OpenAI's most recent valuation of $852 billion. The filing places Anthropic alongside SpaceX in a wave of large technology offerings expected in 2026. Anthropic was founded five years ago by Dario Amodei after he left OpenAI.

The two companies have competed to sell similar AI products to corporate and government customers. OpenAI chief executive Sam Altman told CNBC on Monday that his company also plans to go public but is not in a rush. "We'll do it when it makes sense," Altman said.

Anthropic told investors it expects to reach profitability in the first half of 2026, citing significant growth in sales of Claude and related services. Fund managers said they will examine the forthcoming IPO prospectus for details on revenue, profit margins, and customer counts. S.

Department of Defense over a $200 million deal. The department insisted on contractual terms that would have allowed government agencies to use Claude for any lawful purpose. Dario Amodei made his concerns about the contract language public.

U.S. government networks that were classified, Anthropic objected to the possibility of its AI being used in mass domestic surveillance or on fully autonomous weapons of war. S.

Would never do business with Anthropic again. S. agency from using Claude. Anthropic then launched legal action against the government. The lawsuit is ongoing.

The split with the Trump administration does not appear to have scared off other Anthropic customers. Neither SpaceX nor OpenAI are currently profitable.