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Anthropic, an AI Company, Could Be Worth Billions When It Goes Public

Anthropic, a major artificial intelligence company, is expected to make over $100 billion this year and plans to sell shares to the public as early as November.

By Piggy PressSep 18, 20262 min read 2 new words

In simple terms

If you invest in the stock market or have money in a retirement fund, you may soon be able to own a piece of Anthropic. The company's growth shows how valuable AI technology has become, and that could affect future job markets and the types of companies you might invest in.

Anthropic is an artificial intelligence company that has grown extremely fast. According to the New York Times, the company is on track to bring in more than $100 billion in annualized revenue this year—meaning that's the rate at which it's earning money. That's a huge number and shows how valuable the company has become.

The company is preparing to go public, which means it will offer shares (pieces of ownership) to everyday investors through the stock market. This could happen as soon as November. When companies go public, they usually rise in value significantly, and executives and early investors can sell their stakes and make money. For Anthropic's employees and backers, this is a major milestone.

Fun fact

Anthropic was founded in 2021—just three years ago—and is already on track to bring in more revenue in a single year than many Fortune 500 companies earn. This rapid growth is unusual and reflects the huge demand for artificial intelligence technology.

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Source: Bloomberg Technology