Anthropic files for NASDAQ IPO, valuation could surpass $1.2T

Anthropic / Wikimedia Commons (Public domain) Anthropic, the AI company behind the Claude model, has filed for an initial public offering (IPO) on Nasdaq, sparking significant interest in pre-IPO investment opportunities. The company’s latest private valuation stands at approximately $965 billion following a $65 billion fundraising round. Investors seeking exposure to Anthropic ahead of its IPO can access it through exchange-traded funds (ETFs) that hold positions in the company via special purpose vehicles (SPVs). Tema’s LAZR ETF, for example, has a 10.5% allocation in Anthropic, reflecting substantial interest in the AI sector. Key Takeaways The availability of Anthropic shares through ETFs suggests increased market confidence in the company’s valuation prospects ahead of its IPO. Market pricing indicates that Anthropic’s market cap could exceed $1.25 trillion at IPO close, with a significant portion of activity focused on higher valuation tiers. Anthropic’s IPO filing and ETF exposure highlight the growing interest in direct and indirect investment avenues in the AI sector. What to Watch Markets are closely monitoring the SEC’s response to Anthropic’s IPO filing and any amendmen...