The Zhitong Finance App learned that, according to people familiar with the matter, Anthropic is working to boost investor confidence due to concerns about the financial stability of AI companies to prepare for what may be the largest IPO in history. The $965 billion AI startup aims to go public in September or early October, ahead of the IPO of its biggest rival OpenAI (which is expected to go public sometime next year).

Prospective investors are concerned about the challenges Anthropic faces, such as the growing popularity of cheaper Chinese AI systems, tension with the US government, and public backlash against data center construction.

People familiar with the matter revealed that Anthropic assured investors of its rapid pace of growth while downplaying the threat posed by Chinese competition. Company executives assured investors that Anthropic is extremely focused on developing more cutting-edge AI models.

The company also revealed to some investors its plans to expand into healthcare and biological AI applications, which will help ease some of the negative sentiment surrounding the technology. The company did not disclose specific pricing plans or timelines.

As the AI competition continues to heat up, Anthropic has stood out from the competition thanks to its popular coding tool, Claude Code. Its annualized run-rate revenue (run-rate revenue) surpassed $47 billion in May, far exceeding OpenAI's level of approximately $25 billion.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.