Anthropic, a leading artificial intelligence company, has filed papers to go public by selling shares on the stock market, aiming to capitalize on the growing AI sector. The filing reveals a significant increase in sales and lists various risks for investors, including conflicts with the Trump administration and the unpredictable behavior of AI systems. This move precedes the potential public listing of OpenAI, Anthropic's primary rival, which has delayed its debut until the following year. The filing explicitly mentions that any harm caused by the use of Anthropic's AI models—whether by malicious actors or unintentional misuse—could affect the company's future prospects. Additionally, Anthropic warns that its interactions with policymakers on AI regulation and safety could lead to increased scrutiny or regulatory action. Despite recent challenges, including being labeled a national security risk by the US Defense Department, Anthropic has seen its sales grow rapidly, reaching US$11.6 billion in the first quarter of 2026, a sharp increase from US$787 million in the same period in 2025.
Sales growth has been substantial, with a reported operating profit close to US$1 billion in the first quarter of 2026, though the company retained a significant loss due to accounting charges. Much of the revenue increase is attributed to businesses using Anthropic's Claude for software development and office tasks. This public listing represents a significant milestone for the standalone companies in the advanced AI race, signaling both the potential for profit and the continued challenges facing the sector. The upcoming public offering of Anthropic may also influence investor sentiment towards the broader AI sector, which has been a key driver of US economic growth.