Anthropic’s IPO Rumored at $2 Trillion Valuation
Anthropic, an AI startup backed by Amazon, is anticipated to go public with a valuation of $2 trillion as early as October 2023. This follows the company’s confidential S-1 filing earlier this summer. As of July, Anthropic reported an annualized revenue run rate of $65 billion, suggesting a valuation nearly 31 times its revenue figure. If realized, this IPO would surpass SpaceX’s $1.8 trillion valuation, making it the largest IPO to date.
To date, Amazon has invested $13 billion in Anthropic, with plans for an additional $20 billion contingent on performance milestones. With a current estimated stake of about 19.7%, Amazon’s ownership could be valued at nearly $394 billion post-IPO. As of June 30, 2023, Amazon’s investment in Anthropic was marked at $190.4 billion, split between convertible notes and nonvoting shares. The partnership also entails Anthropic committing over $100 billion in AWS spending over the next decade.
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