Trump No Longer Views Anthropic as Security Threat
President Trump told Axios he no longer sees Anthropic as a national security threat, after meetings between the company's staff and officials.
#national-security#regulation
Confidential S-1 filed · June 1, 2026
Anthropic is racing toward the largest AI IPO yet.
The maker of Claude is now valued at $965B post-money after a $65B Series H, with an annualized revenue run-rate near $47B and a confidential S-1 already with the SEC. Here's everything an investor needs: valuation, financials, news, and how to get exposure today.
Valuation $965B Series H post-money
Revenue run-rate $47B annualized, May 2026
Last raise $65B Series H, May 2026
IPO status S-1 filed confidential, Jun 2026
Figures as of June 21, 2026. Anthropic is private, so these are private-market figures rather than a public share price.
The opportunity
The most valuable private AI company in the world.
Founded in 2021 by Dario Amodei and Daniela Amodei, Anthropic builds Claude, a family of frontier AI models used across enterprise software, coding, and research. Revenue has gone from an estimated $9B run-rate at the end of 2025 to ~$47B by May 2026.
- Run-rate revenue up ~5x in under a year
- Backed by Amazon and Google, plus top-tier funds
- Confidential S-1 filed; a public listing may follow
- Available on AWS, Google Cloud, and Microsoft Azure
Revenue run-rate trajectory
- End 2025 (est.) $9B
- Feb 2026 $14B
- Early Mar 2026 $19B
- Early Apr 2026 $30B
- May 2026 $47B
From $380B to $965B in months.
May 2026
Series H
$965B valuation
$65B raised · led by Altimeter Capital, Dragoneer
Co-led by Capital Group, Coatue, D1 Capital, GIC, ICONIQ, and XN. Includes $15B of previously committed hyperscaler investment ($5B from Amazon). Likely the last private round before an IPO.
April 2026
Google strategic commitment
$350B valuation
$10B raised · led by Alphabet (Google)
Up to $40B committed: $10B immediate at a $350B valuation, with $30B contingent on performance targets.
February 2026
Series G
$380B valuation
$30B raised · led by Undisclosed
More than doubled valuation versus prior round.
For investors
You can't buy Anthropic directly yet.
Until the IPO, exposure comes through public proxies (Amazon, Alphabet) or accredited-investor secondary markets. We break down every route, the trade-offs, and where to start.
See how to invest Daily updates
All news → Latest Anthropic news
Anthropic closes record $65B Series H at a $965B valuation
Anthropic's Series H lands at a $965B post-money valuation, cementing its lead over OpenAI as the most valuable private AI company ahead of a potential IPO.
#funding#valuation
What Anthropic's confidential S-1 filing actually means
Anthropic filed a confidential draft S-1 with the SEC on June 1, 2026. Here's what that signals about IPO timing, and what it doesn't tell us yet.
#ipo#s-1
Anthropic stock, answered.
Is Anthropic publicly traded? Can I buy Anthropic stock?
Not yet. Anthropic is a private company. It confidentially filed a draft S-1 with the SEC on June 1, 2026, an early step toward an IPO, but no shares trade publicly and no ticker, price, or date has been set. Today you can only get exposure indirectly, via public proxies like Amazon (AMZN) and Alphabet (GOOGL), or through accredited-investor secondary markets.
What is Anthropic's valuation?
Anthropic was valued at $965B post-money after its $65 billion Series H round closed on May 28, 2026. That makes it one of the most valuable private companies in the world, ahead of OpenAI's last reported valuation.
How much revenue does Anthropic make?
Anthropic's annualized revenue run-rate crossed $47B annualized run-rate in May 2026, up from roughly $9B at the end of 2025, driven by enterprise adoption of Claude and Claude Code.
When will Anthropic IPO?
No date has been set. A confidential S-1 was filed June 1, 2026. An IPO could follow SEC review if market conditions allow. Watch for the public S-1, which will reveal audited financials, risk factors, and governance terms.