Anthropic files for record IPO as CEO warns of AI risks

Summarised from 2 outlets · Updated 26 Oct, 17:02 · Archive

Anthropic has filed papers for what could be the biggest initial public offering ever, potentially raising over $86 billion.

Anthropic, a San Francisco-based AI company, filed papers on Monday for what could become the biggest initial public offering ever. The filing sets up a Wall Street debut next month that could exceed the SpaceX initial public offering in June, which raised $86 billion.

The company is valued at $965 billion by private investors, with expectations it could rise to $1.5 trillion or $2 trillion, though a final valuation has not been established. At $1.5 trillion, Anthropic would rank among the world's most valuable public companies, alongside Tesla. An IPO would also put Anthropic ahead of its rival OpenAI in going public.

The 335-page filing revealed that Anthropic's revenue is growing rapidly, but the company has not yet turned a profit. In the first half of 2026, Anthropic reported a net loss of $80.7 billion, compared to a loss of $13 billion in the same period a year earlier. CEO Dario Amodei and his sister and co-founder Daniela could see their wealth increase by billions of dollars through the offering.

The filing comes weeks after Amodei argued in an essay for slowing development of the most advanced AI models, citing potential existential risks to humanity. An IPO could provide Anthropic with substantial resources to accelerate expansion.

How it is being reported

• Anthropic files for potentially the biggest IPO ever as CEO warns of risk to humanity from AIPittsburgh Post-Gazette · 26 Oct, 16:32
• Anthropic files for potentially the biggest IPO ever even as CEO warns of risk to humanity from AISAN FRANCISCO — Artificial intelligence giant Anthropic filed papers Monday for what could be the biggest initial public offering of stock ever even as its top executive warns that advanced AI could pose an existential threat to humanity.TribLIVE · 26 Oct, 15:09

In this story: Anthropic · Dario Amodei · Daniela Amodei · San Francisco · OpenAI · SpaceX · Tesla

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem