anthropic's $965b ipo filing proves investors are betting the farm on 'safe' agi
anthropic, valued at $965b after a $65b raise, filed for a confidential ipo. this filing signals a massive market test for whether enterprise-focused, safety-first ai can sustain a trillion-dollar valuation.
anthropic has submitted a draft registration statement to the sec for a proposed ipo, less than a week after a $65b funding round lifted its valuation to $965b. the company's revenue run-rate reportedly exceeded $47b, up from $9b in late 2025, driven by enterprise adoption of its claude models. this filing intensifies the competition with openai, which recently raised at an $852b valuation, marking a pivotal moment for public investment in foundation model companies. regulators will scrutinize anthropic's financials and its restricted 'mythos' model, which requires bug fixes before public release.