Anthropic Lines Up Morgan Stanley and Goldman Sachs for Potential $2 Trillion IPO

Anthropic, an AI startup known for its Claude-maker lab, is reportedly close to appointing Morgan Stanley and Goldman Sachs as lead underwriters for its upcoming initial public offering (IPO). The IPO could potentially value Anthropic at over $2 trillion, positioning it as one of the largest tech IPOs in history. This development follows Anthropic’s recent Series H funding round, which valued the company at $965 billion, marking it as the most valuable AI startup globally.

The announcement of Morgan Stanley and Goldman Sachs as underwriters appears consistent with Anthropic's readiness to proceed with its IPO plans in the near term. Market pricing suggests skepticism about Anthropic reaching a market cap below $1.25 trillion at IPO close, with current probabilities mostly concentrated above this threshold.

The U.S. Securities and Exchange Commission’s (SEC) response to Anthropic's filings could also play a critical role in shaping expectations. Any major financial disclosures or strategic investor moves could influence market sentiment, particularly if they suggest a valuation trajectory different from the current $965 billion private assessment.