Since the AI product Claude already rakes in billions of dollars, this would likely be a blockbuster IPO were it to be held today. Anthropic’s product is incredibly popular, with software engineers handing off increasingly large amounts of advanced coding work to agents built with the AI tool. Anthropic is reportedly planning a $2 trillion initial public offering by September, according to a Financial Times report.
Anthropic faces significant risks in terms of the competition it faces both from other companies and countries. Fueled by several years of research and capacity building pushes, Chinese firms are gaining ground on AI, with open source models like Alibaba’s Qwen shocking users with low hardware requirements and competitive performance.
