As a pioneer in the field of AI safety, Anthropic has become one of the most closely watched pre-IPO tech companies globally, leveraging its technological advantages and backing from top-tier investors. Although its IPO timeline has not yet been finalized, market expectations of a valuation approaching nearly one trillion dollars have already drawn widespread attention. For retail investors, while they cannot directly purchase Anthropic stock, they can still gain indirect exposure to this AI wave by investing in its strategic partners or related thematic ETFs. As the AI race continues to intensify, Anthropic’s listing process will undoubtedly become one of the most anticipated events in the capital markets in 2026.
On June 1, 2026, Anthropic confidentially submitted its IPO draft registration statement to the U.S. Securities and Exchange Commission (SEC). This move means that Anthropic has secured the option to go public at some point in the future, though the specific timeline has not yet been announced. Recent reports speculate that the IPO could launch as early as the fall of this year. Some Anthropic investors have suggested that the company could be valued at $2 trillion or more after going public, but this figure does not come from Anthropic itself.
Anthropic has successfully raised billions of dollars in the private markets, providing ample firepower for its R&D investments and business expansion. Many major investors have already made substantial follow-on investments. In May 2026, Anthropic completed another funding round at a valuation of $965 billion. Given its robust fundraising capacity, Anthropic is likely to remain private while continuing to build out its AI capabilities.
As a private company, Anthropic is not required to disclose its financial results. However, according to multiple reports, the company’s annualized revenue in early 2025 was approximately $875 million, a significant increase from about $100 million in annualized revenue at the end of 2023. Nevertheless, because the company is heavily investing in AI model R&D and training—with each model potentially costing up to $100 million to train—Anthropic likely still has a long road ahead to profitability.
Since Anthropic remains a private company, retail investors cannot directly buy its stock through brokerage accounts. Accredited investors (i.e., high-net-worth or high-income individuals) can sometimes purchase shares of pre-IPO companies on the secondary market.
However, non-accredited investors also have indirect ways to participate. For example, anyone can invest in the Fundrise Innovation Fund—a venture capital fund that holds stakes in multiple private tech companies, including Anthropic, OpenAI, Databricks, and Canva, with a minimum investment of just $10. Additionally, Cathie Wood’s Ark Venture Fund also holds Anthropic shares, which accounted for 3.54% of its net assets as of the end of 2025.
Another alternative is to buy shares of publicly traded companies that have invested in Anthropic, thereby gaining indirect exposure. Such companies include: Amazon (AMZN), which has invested $8 billion; Alphabet (GOOG), which holds approximately a 10% stake; and Salesforce (CRM), which has participated through its venture capital arm.
