Anthropic Files Confidential IPO as $965B Valuation Drives $65B Fundraise

According to TechCrunch on June 4, Anthropic has confidentially filed for a U.S. initial public offering to raise capital for AI model training and inference costs. The filing follows a $65 billion private fundraise at a $965 billion post-money valuation. Anthropic's annualized revenue reached $47 billion in May, surging from approximately $9 billion at the end of 2025. The company recently agreed to purchase $1.25 billion per month in processing power from xAI to avoid overextending on compute capacity and building its own data centers.
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