Top analyst sees ‘opening of the floodgates for the IPO market’ after Anthropic’s filing as dotcom bubble comparisons fly
https://fortune.com/2026/06/02/anthropic-ipo-openai-valuation-ai-bubble/
Publish Date: 2026-06-02 08:43:00
Source Domain: fortune.com
Here are the key points from the article, presented in an unordered list:
– Anthropic has filed confidentially with the U.S. Securities and Exchange Commission (SEC) for a potential initial public offering (IPO) of its common stock.
– The company has raised $65 billion in private funding, elevating its valuation to $965 billion.
– Anthropic generates $47 billion in annualized revenue by selling its AI technology to various users for coding and other tasks.
– The firm has surpassed its rival, OpenAI, in market valuation and the pursuit of an IPO.
– Anthropic, along with OpenAI and Elon Musk’s SpaceX, is anticipated to go public, potentially sparking renewed interest in the IPO market.
– Concerns exist about an AI bubble as these companies, including SpaceX, are still operating at a loss.
– The race to go public mirrors the early internet startup era, where significant advancements were made despite failures.
– The move towards quarterly earnings reports could provide more transparency and help validate the companies’ AI technology.
– Despite doubts about immediate profitability, AI industry experts believe in the growing demand and potential for reaching artificial general intelligence (AGI).
