Anthropic Sees AI Market Above $30 Trillion, Weighs Raising Up to $100 Billion in IPO
Summary
- Anthropic is set to present its total addressable market at more than $30 trillion.
- Anthropic is considering raising up to $100 billion in an IPO while targeting a $2 trillion valuation.
- Anthropic's quarterly revenue rose to $11.6 billion, more than double the previous quarter, and the company is set to file IPO documents within weeks.
Forecast Trend Report by Period
Anthropic is preparing to pitch its total addressable market at more than $30 trillion ahead of an initial public offering, according to a report. That would exceed the $28.5 trillion figure presented by SpaceX.
Walter Bloomberg reported on Aug. 25 that Anthropic is considering raising as much as $100 billion in the IPO. The company is targeting a valuation of about $2 trillion.
Anthropic's quarterly revenue reached $11.6 billion, more than double the previous quarter, the report said. The company has been expanding its presence in the enterprise AI market with its generative AI model Claude.
Anthropic is set to file IPO paperwork within weeks. A listing in September or early October is under discussion.
JH Kim
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