Anthropic confidentially files IPO prospectus with SEC, prepping Wall Street for landmark AI deal

Anthropic, an AI company founded by former OpenAI researchers, has confidentially filed an IPO (initial public offering, the process of offering company stock to the public for the first time) prospectus with the SEC, positioning itself to go public pending market conditions and regulatory review. The company has experienced rapid growth with its Claude AI models and recently announced a $47 billion revenue run rate, giving it a higher valuation than rival OpenAI. Anthropic's public prospectus must be filed at least 15 days before it begins a roadshow (presentations to potential investors) to sell shares.