Anthropic's Daniela Amodei Reveals Plans for IPO as Company Grows at Breakneck Pace

Private investors have been showing a strong interest in Anthropic, a rapidly-growing AI model maker that recently announced a $65 billion fundraise at a $965 billion valuation. According to multiple sources, the deal was oversubscribed by a significant margin.

In light of this private demand, Anthropic has taken steps towards a public listing by filing confidentially for an IPO. At the Bloomberg Tech conference on Thursday, co-founder Daniela Amodei shared insights into why the company is pursuing this route. “It’s a really big upfront cost to train the models and serve inference on them,” she explained. “My guess is that over time, the core set of companies working to advance AI are going to need access to capital, and I think the public market is very well suited to that.”

Anthropic has been experiencing remarkable growth, with annualized revenue crossing $47 billion in May, a substantial increase from approximately $9 billion at the end of 2025. However, this rapid expansion faces challenges as companies like Uber have noted that not all AI spending is delivering tangible returns, potentially leading to budget cuts and slower sector-wide growth.

Amodei remains optimistic about the future, stating, “The use cases today will continue to be the primary driver of efficiency or creativity, whether it’s coding, financial services, legal, [or] health care. But as the business community gets more familiar with the tools, we’re all going to learn together.”

Despite not building its own data centers like rivals OpenAI and xAI, Anthropic has partnered with SpaceX’s xAI for compute capacity. This move, detailed in SpaceX's S-1 filing, is expected to cost Anthropic $1.25 billion per month.