Anthropic and OpenAI in High-Stakes IPO Race

Anthropic PBC, whose valuation stood at $380 billion in February, is tipped to raise as much as $60 billion in an IPO which is likely as soon as October 2026.| Business News

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Anthropic PBC is considering a listing as soon as in October, racing with rival OpenAI Inc. to hold an initial public offering (IPO), according to people familiar with the matter.

The maker of the popular Claude AI chatbot has had early discussions with Wall Street banks about taking leading roles on a potential listing, the people said.

Goldman Sachs Group, JPMorgan Chase & Co. and Morgan Stanley are likely under consideration for key roles on Anthropic and OpenAI’s listings, some of the people said.

A listing could raise more than $60 billion, according to the report.

Deliberations are ongoing and no final decisions have been made, the people said.

Anthropic was valued at $380 billion in a $30 billion funding round co-led by MGX that closed in February.

It has partnerships with Alphabet Inc.’s Google, Amazon.com Inc., Microsoft Corp. and Nvidia Corp.

Anthropic has pledged to spend $50 billion to build custom data centers in the US.