Anthropic hires lawyers as it preps for IPO

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Anthropic is prepping for an IPO that would come as early as 2026, the FT studies.

It has introduced on legislation agency Wilson Sonsini to assist kick off the method, and the corporate is tackling an inside guidelines to arrange it for what might be one of many largest IPOs ever.

The corporate can also be reportedly trying to increase a funding spherical that would worth it at over $300 billion and has additionally been in talks with funding banks, although it has not chosen an underwriter, the FT reported. Anthropic final introduced a $13 billion increase in September, giving it a $183 billion valuation. Wilson Sonsini has been an advisor to Anthropic since 2022.

This information comes as OpenAI, valued at $500 billion, can also be reportedly testing the waters for an IPO and has began to prep itself for the method, although no itemizing date has been instructed, the Reuters reported.

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