Anthropic filed paperwork with the U.S. Securities and Exchange Commission on Monday, formally kicking off the process of going public. The move follows months of speculation over whether Anthropic or OpenAI would reach the IPO milestone first. The provided excerpt says the filing sets the stage for a potentially massive offering, but does not include valuation, timing, exchange, or fundraising details.
Anthropic said Monday that it has confidentially filed for an initial public offering. The brief report does not disclose a listing date, valuation, fundraising target, exchange, or other transaction details. The filing is a notable business development, but the company remains at an early stage of the process and further information has not yet been provided.
Karen Kwok for Reuters Breakingviews cites a person familiar with Anthropic's definition of run-rate revenue. Usage-based customer sales from the last 28 days are multiplied by 13, while monthly subscription revenue is multiplied by 12. The two figures are then added together. This describes an annualized estimate, not reported full-year revenue.