Anthropic investors expect the IPO valuation to exceed $2 trillion, with the highest prediction reaching $3 trillion

Some existing investors expect that Anthropic's valuation could exceed $2 trillion when it goes public as early as October this year. Six interviewed investors believe that the demand for Claude and the rapid growth of the company's revenue could drive Anthropic's valuation to double from $965 billion in May this year.

In May, Anthropic disclosed that its annualized revenue had surpassed $47 billion, and some investors expect it could reach $100 billion to $120 billion by the end of the year. One investor calculated that, based on a revenue multiple of about 30 times, Anthropic's valuation could potentially reach $3 trillion. However, the aforementioned valuations are all investor predictions. Multiple investors have stated that Anthropic's management has not yet determined the IPO valuation target. Competition from low-cost AI models in China, relations with the U.S. government, and corporate control of AI spending are still seen as potential risks.