Anthropic confidentially files for IPO, joining SpaceX and OpenAI in race to public markets
Key Points
- Anthropic confidentially files for IPO, joining SpaceX and OpenAI in a race to take AI companies public as venture capital continues flooding the sector.
- A Khosla Ventures investor who deployed $50 million into Anthropic in 2023 or 2024 stands to see substantial returns, while simultaneously investing €2 billion to scale AI operations globally.
- The filing signals public investors are ready to back AI infrastructure again, marking a shift from the SaaS valuation pessimism that dominated 2024 and early 2025.
Summary
Anthropic has confidentially filed for an initial public offering with the SEC, joining SpaceX and OpenAI in a three-way race to take AI companies public and capture public market capital.
The move comes as venture capital continues to pour into the space. One investor—apparently referring to Khosla Ventures' Vinod Khosla—who invested $50 million into Anthropic in 2023 or 2024 stands to see substantial returns if the company reaches public markets. That same investor is now deploying €2 billion into France to support a team of 1,800 employees there, signaling continued confidence in scaling AI operations globally.
The filing also reflects a broader thaw in the "SaaSpocalypse" narrative that dominated 2024 and early 2025. Software companies broadly are posting gains, and the sector appears to be stabilizing after years of margin compression and valuation resets. Anthropic's IPO move is partly a bet that public investors are ready to back AI infrastructure and applications again.
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