Anthropic confidentially filed for an initial public offering in the US on Monday as the artificial intelligence chatbot Claude maker sought to beat rival OpenAI to public markets.
"This gives us the option to go public after the (Securities and Exchange Commission) completes its review," Anthropic said in a statement. "The proposed initial public offering will depend on market conditions and other factors."
Anthropic's move comes as OpenAI prepares to confidentially file for an IPO, with the ChatGPT parent planning to go public as early as September, Reuters reported May 20.
Anthropic raised $65 billion at a $965 billion post-money valuation late in May, compared with a $380 billion valuation in February. The company's run-rate revenue crossed $47 billion in May.
Rocket and satellite company SpaceX, which recently filed for an IPO, could raise $80 billion or more, The Wall Street Journal reported at the time.
SpaceX is scheduled to begin its investor roadshow later this week, Wedbush Securities said in a note on Monday.
"We believe this represents an opening of the floodgates for the IPO market, which has been relatively dormant for a few years, with these three major conglomerates set to go public later this year, but this has turned into a race to reach public markets over the coming months," Wedbush analysts led by Dan Ives wrote.
