Anthropic Files for IPO, Outpacing OpenAI in AI Market Race

Anthropic has confidentially submitted a draft S-1 registration statement with the SEC, marking a significant step toward an initial public offering. The AI firm, valued at $965 billion after a recent $65 billion funding round, reported a staggering revenue run rate of $47 billion in early May—a dramatic leap from $9 billion a year prior.

The IPO filing positions Anthropic ahead of rival OpenAI and SpaceX in the race to go public. While share count and pricing remain undetermined, the move underscores the company's rapid enterprise growth, particularly through its Claude Code software.

Market observers note the filing could catalyze investor interest in AI-related digital assets, though no direct cryptocurrency linkages appear in the current disclosure. The SEC's review process will determine the timing of what may become one of 2026's most consequential tech debuts.