Anthropic Weighs New AI Model Release Ahead of Potential $2 Trillion IPO

Anthropic is weighing the release of a new artificial intelligence model as it prepares for a potential initial public offering that could value the company at approximately $2 trillion. The AI developer is reviewing the timing for launching a new model in response to OpenAI's September 3 debut of its GPT6 Astra model, according to reports citing people familiar with the matter.

The company's annualized revenue run rate surpassed $65 billion by the end of July 2026, a dramatic increase from about $9 billion at the end of 2025. This growth has fueled investor interest ahead of a possible public listing. Anthropic is reportedly targeting November for an IPO, a timeline that has shifted from earlier expectations of an October debut. Discussions around the offering indicate a potential valuation approaching $2 trillion, with capital-raising targets reaching $100 billion, though these figures remain under negotiation.

The strategic deliberation comes as OpenAI's GPT6 Astra has captured significant traction in the enterprise market. Data from corporate spending analytics firm Ramp showed Astra accounted for approximately 13% of tracked enterprise AI expenditures, compared to about 8%...