Anthropic selects Morgan Stanley, Goldman Sachs, and JPMorgan Chase to lead IPO

Anthropic, the AI safety company behind the Claude family of models, has tapped Wall Street’s heaviest hitters to take it public. Morgan Stanley, Goldman Sachs, and JPMorgan Chase will serve as lead underwriters for an IPO that could reshape how investors value artificial intelligence companies.

The company filed a draft registration statement with the SEC on June 1, 2026, with reports pointing to an October 2026 listing that could raise as much as $60 billion.

A revenue trajectory that demands attention

Anthropic’s financials tell a story of almost absurd growth. The company’s annualized revenue climbed from roughly $9 billion at the end of 2025 to approximately $30 billion by the end of March 2026.

The IPO push comes on the heels of a massive $65 billion Series H funding round that closed in May 2026. That round pushed Anthropic’s post-money valuation to $965 billion, placing it within striking distance of the trillion-dollar club before it even hits public markets.

The competitive landscape is a two-horse race

Anthropic’s chief rival, OpenAI, has its own IPO ambitions, with reports suggesting a target valuation of up to $1 trillion for 2026.

Founded in 2021 by former OpenAI executives, including siblings Dario and Daniela Amodei, Anthropic was born from a philosophical disagreement about how AI development should be approached.

Amazon and Google sit among Anthropic’s most prominent backers. Amazon alone has committed billions to the company, integrating Claude into its AWS cloud infrastructure. Google, despite developing its own competing Gemini models, has also invested heavily.

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