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Anthropic IPO In November: Revenue Up 14-Fold To $11.5 Billion In Q2

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Anjali Belgaumkar

Anthropic is reportedly planning a November IPO that could raise around $100 billion at a $2 trillion valuation while leaving its founders in charge. According to Business News This Week, Dario Amodei and six co-founders would hold 50.1% of votes on key strategic decisions through a special share class, as long as at least three founders keep a minimum stake. They would not control board appointments, and employees would receive certain privileged rights. Second-quarter revenue rose 14-fold to $11.5 billion, with an adjusted operating profit reported. Annualized revenue reached $65 billion by the end of July, up from just over $9 billion at the end of last year. OpenAI, by contrast, has so far declined to list.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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