Anthropic's $60B IPO Bet: What October Means for AI
Key summary
Anthropic is weighing an IPO as early as October 2026; Goldman Sachs, JPMorgan and Morgan Stanley are in preliminary discussions and no S-1 has been filed.
The company’s IPO raise target is for more than $60 billion.
Revenue jumped from $1 billion annualized in December 2024 to $14 billion by February 2026 and was approaching $19 billion in March 2026; Seeking Alpha shows a 2026 revenue forecast of $18 billion (up 20%).
Product and customer momentum: Claude Code exceeded $2.5 billion in annualized billings in roughly nine months; enterprise customers spending over $1 million annually now exceed 500 (vs ~12 two years ago); monthly visits to claude.ai rose from 16 million in Jan 2025 to 220 million in Jan 2026.
Recent financing and investors: a Feb 2026 round raised $30 billion at a $380 billion post‑money valuation co‑led by MGX; the March 2025 valuation was $61.5 billion; Amazon holds an $8 billion stake and Google invested $2 billion; OpenAI is also exploring a 2026 IPO.