Anthropic has picked Morgan Stanley and Goldman Sachs to lead work on its initial public offering, Bloomberg reported, as the Claude maker moves closer to a potential public debut.
JPMorgan Chase is also involved in the deal, according to the report. Anthropic is weighing a listing as soon as October and has filed confidentially for an IPO, though the details could still change and more banks may be added.
The move comes after Anthropic was valued at $965 billion in its latest funding round, making it one of the world’s largest private companies and putting it ahead of OpenAI’s valuation for the first time.
The listing would mark one of the most closely watched IPOs in the AI sector as investors test whether public markets can absorb the massive valuations attached to frontier AI firms.
Anthropic was founded in 2021 by former OpenAI employees, including CEO Dario Amodei. The company has positioned itself as a more safety focused AI developer while gaining traction among enterprise customers, developers, financial firms, and health care clients through Claude and its coding tools.
