Anthropic Prepares for $965 Billion IPO
Anthropic, an artificial intelligence company, confidentially filed for an IPO on June 1, 2023, following a funding round that valued it at $965 billion. The listing could occur as soon as this fall, with reported annualized revenues approaching $50 billion.
Alphabet holds approximately 14% of Anthropic, equating to about $135 billion, while Amazon’s stake, estimated in the mid-to-high teens, could be worth between $135 billion and $160 billion. Amazon’s position has already shown substantial pre-tax gains, recognized as $16.8 billion, contributing significantly to its recent financial results.
As the market anticipates the IPO, Anthropic’s revenue growth is unprecedented, transitioning from a reported $4 billion run rate last July to expectations of $10.9 billion for the second quarter of 2023.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
