Anthropic Retains Counsel Ahead of Upcoming IPO Preparation

Anthropic Retains Counsel Ahead of Upcoming IPO Preparation

Anthropic Gears Up for Potential 2026 IPO, Secures Legal Counsel

Anthropic, the artificial intelligence company, is actively preparing for a potential initial public offering (IPO) that may occur as soon as 2026, according to reports from the Financial Times. The company has enlisted law firm Wilson Sonsini to navigate this significant process, marking a pivotal step towards what could become one of the largest IPOs in history.

As part of its preparations, Anthropic is diligently working through an internal checklist aimed at ensuring a successful launch. In parallel, the company is reportedly exploring a funding round projected to elevate its valuation beyond $300 billion, while engaging in discussions with investment banks. Although an underwriter has not yet been selected, Anthropic’s last major funding round in September raised $13 billion, bringing its valuation to approximately $183 billion. Wilson Sonsini has been an ongoing advisor to Anthropic since 2022.

This development follows similar trends in the industry, as OpenAI, valued at around $500 billion, is also reportedly considering an IPO and is in the early stages of its preparations. While no specific date for OpenAI’s listing has been disclosed, the growing activity in the sector underscores a competitive landscape for AI companies looking to go public.

Key Takeaways:
– Anthropic is preparing for a potential IPO in 2026.
– Legal support from Wilson Sonsini has been secured.
– The company is working on a funding round to exceed $300 billion in valuation.
– OpenAI is also exploring its own IPO despite not yet setting a date.

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