Some bankers expect the artificial intelligence (AI) startup to raise more than $60 billion in its initial public offering (IPO), according to the report.
The company’s plans could change at any time, and it could decide not to go public at all, per the report.
Anthropic did not immediately reply to PYMNTS’ request for comment.
The company was valued at $380 billion in a Series G funding round announced in February, in which it raised $30 billion.
Five months earlier, in September 2025, Anthropic was valued at $183 billion in a Series F round in which it raised $13 billion.
When announcing the Series G in February, the company attributed investors’ interest in part to its strength in enterprise AI and coding. It added that it would use the new funding to support that strength with continued frontier research, product development and infrastructure expansions.
It was reported March 4 that Anthropic’s run-rate revenue had topped $19 billion, more than double the $9 billion it achieved about three months earlier. That report said the company’s growth has been driven by the popularity of its coding tool Claude Code and other AI models and products.
The company said Monday (March 23) that its Claude AI model can now use customers’ computers to carry out tasks such as exporting a pitch deck as a PDF file and attaching it to an invitation.
On Thursday (March 26), it was reported that a federal judge in San Francisco issued a preliminary injunction that blocks the U.S. government’s designation of Anthropic as a supply chain risk and its ban on federal agencies use of the company’s products.
A final verdict in the case in which Anthropic sued the government to reverse the ban could be months away, according to the report.
On March 10, it was reported that Anthropic argued in a court hearing that it could lose billions of dollars due to the government ban on its services. An attorney for the company told the court that the government’s actions had caused more than 100 customers to express concerns about continuing to engage with Anthropic.
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