Anthropic, the developer of the Claude chatbot, has filed a confidential draft S-1 registration statement with the SEC. The company aims for a Nasdaq listing between mid-to-late October and November, targeting a valuation between $1,5 trillion and $2 trillion.
The firm's valuation reached approximately $965 billion during its Series H funding round in May. Annualized revenue is projected to exceed $100 billion by the end of 2026. Amazon and Alphabet are key investors in the company, which was founded in 2021.
Current ETF holdings in Anthropic include $109 million in the iShares A.I. Innovation & Tech Active ETF and $13 million in the KraneShares AGIX fund. Total allocations reached nearly $122 million by mid-2026, with new dedicated ETFs currently in development.
Goldman Sachs, JPMorgan, and Morgan Stanley are serving as underwriters for the IPO. The offering is expected to generate proceeds between $60 billion and $100 billion. Passive fund inflows are anticipated following the company's potential inclusion in major indices.
