Anthropic hires lawyers as it preps for IPO

Anthropic is prepping for an IPO that could come as early as 2026, the FT reports.

It has brought on law firm Wilson Sonsini to help kick off the process, and the company is tackling an internal checklist to prepare it for what could be one of the largest IPOs ever.

The company is also reportedly looking to raise a funding round that could value it at over $300 billion and has also been in talks with investment banks, though it has not chosen an underwriter, the FT reported. Anthropic last announced a $13 billion raise in September, giving it a $183 billion valuation. Wilson Sonsini has been an advisor to Anthropic since 2022.

This news comes as OpenAI, valued at $500 billion, is also reportedly testing the waters for an IPO and has started to prep itself for the process, though no listing date has been suggested, the Reuters reported.

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