Anthropic Joins Elite Group on Cusp of Going Public

AI company valued at $380B, positioning it alongside OpenAI and SpaceX as potential 2023 IPO candidates.

Published on Feb. 13, 2026

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Artificial intelligence company Anthropic, maker of the chatbot Claude, has announced a $380 billion valuation after raising $30 billion in its latest funding round. This places Anthropic alongside rival OpenAI and Elon Musk's SpaceX as the three most valuable private firms that could potentially go public this year, according to analysts.

Why it matters

The impending IPOs of these AI powerhouses would be major events, providing a boost to their public profiles and allowing them to raise even more capital. However, the transition to public markets could also bring increased scrutiny of their business models, which have yet to achieve profitability despite massive private investment.

The details

Anthropic's latest funding round was led by Singapore's sovereign wealth fund GIC and US-based investment firm Coatue, along with dozens of other major investors. This includes a portion of the $15 billion that Nvidia and Microsoft have committed to invest in Anthropic. The company plans to use the new funds to continue building "enterprise-grade products" and AI models. While Anthropic is not yet profitable, it is projecting sales of $14 billion over the next year, with a focus on providing workplace AI assistant tools.

  • Anthropic announced its $380 billion valuation on February 13, 2026.

The players

Anthropic

An artificial intelligence company that has developed the chatbot Claude. Anthropic is now valued at $380 billion, positioning it as one of the most valuable private firms alongside OpenAI and SpaceX.

OpenAI

The AI company behind the ChatGPT chatbot, currently valued at $500 billion, making it the most valuable private AI firm.

SpaceX

Elon Musk's rocket company, which recently merged with his AI startup xAI, maker of the chatbot Grok. SpaceX is the second most valuable private firm in the AI space.

Krishna Rao

The Chief Financial Officer of Anthropic.

Angelo Bochanis

An analyst at Renaissance Capital, a firm that researches the potential for initial public offerings.

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What they’re saying

“These are the three biggest names that could go public this year.”

— Angelo Bochanis, Analyst, Renaissance Capital (Associated Press)

“We'll use the surge of investments to continue building 'enterprise-grade products' and AI models.”

— Krishna Rao, Chief Financial Officer, Anthropic (Associated Press)

What’s next

Whichever company, Anthropic, OpenAI, or SpaceX, goes public first will have "an opportunity to raise even more money" and "get that sort of boost to your public image", according to analyst Angelo Bochanis.

The takeaway

The impending IPOs of these three AI giants - Anthropic, OpenAI, and SpaceX - highlight the massive growth and investor interest in the artificial intelligence sector. However, the transition to public markets could also bring increased scrutiny of their business models, which have yet to achieve profitability despite the billions of dollars in private investment.