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Anthropic Engages Wilson Sonsini as It Prepares for Potential IPO

Anthropic Engages Wilson Sonsini as It Prepares for Potential IPO
TechCrunch

Background

Anthropic, the artificial‑intelligence startup known for its advanced language models, is taking concrete steps toward a public listing. According to the Financial Times, the company could debut on the stock market as early as 2026. This timeline follows a series of high‑profile fundraising events, most recently a $13 billion round that pushed its valuation to $183 billion.

Legal Preparations

To navigate the complexities of an IPO, Anthropic has brought on the services of Wilson Sonsini, a law firm that has advised the company since 2022. The firm is helping the startup launch an internal checklist designed to meet regulatory and operational requirements for a potential public offering.

Funding Outlook

In parallel with its legal groundwork, Anthropic is reportedly considering another funding round that could lift its valuation to more than $300 billion. While the company has not yet chosen an underwriter, it is in discussions with multiple investment banks to support the eventual listing.

Industry Context

The move aligns Anthropic with broader trends in the AI sector, where rivals such as OpenAI—valued at $500 billion—are also exploring IPO possibilities. Both firms are navigating a rapidly expanding market for generative AI technologies, with significant investor interest and escalating valuations.

Implications

Anthropic’s preparation signals confidence in its growth trajectory and its readiness to meet the scrutiny of public markets. By securing top‑tier legal counsel and engaging with financial institutions, the company positions itself to capitalize on the momentum in the AI industry and to potentially become one of the largest IPOs in the sector.

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Source: TechCrunch

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