Anthropic’s AI IPO Race Begins | Raleigh News

Anthropic, the AI powerhouse behind Claude, is preparing for a blockbuster IPO—potentially the first major AI model company to go public—targeting October with top banks like Morgan Stanley and Goldman Sachs on board. Valued at nearly $965 billion after a recent funding round, the company’s revenue has exploded from $9 billion to over $47 billion in just a few months, fueled by enterprise adoption and Claude Code. While OpenAI waits until next year, Anthropic’s move could set the valuation benchmark for the entire AI sector. But challenges remain: they’re burning over $1 billion monthly on compute via SpaceX, aren’t profitable yet (targeting 2028), and face scrutiny from the Pentagon over supply chain risks. Investors are now watching closely to see if the market will reward early-stage AI innovation—or demand a steep discount. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/661f7857f050f888