Amazon AMZN
Anthropic's largest strategic backer and primary cloud and training partner through AWS. Holds a significant equity stake.
Buy AMZN →Anthropic's financials & how to track them
Anthropic is private, so there's no public share price. But its revenue run-rate, valuation, and a set of public proxy stocks give investors plenty to track. Live charts below.
Run-rate revenue $47B annualized, May 2026
Valuation $965B Series H
Total raised ~$130B since 2021
Public ticker None yet private company
Anthropic does not publicly report GAAP profitability. Run-rate is an annualized figure from company statements.
The closest things to "Anthropic stock" you can trade today
You can't buy Anthropic on a public exchange. The nearest tradeable exposure is through its two largest strategic investors, both of which hold meaningful equity stakes and are deep infrastructure partners.
Amazon (AMZN)
Largest strategic backer and Anthropic's primary cloud/training partner via AWS. The closest large-cap public proxy for Anthropic upside.
Open live chart on TradingView →Alphabet (Google) (GOOGL)
Major investor (up to $40B committed) and TPU/Google Cloud partner. Holds a significant equity stake.
Open live chart on TradingView →Charts by TradingView. Open a free account to set price alerts and track these proxies.
Other AI stocks you can buy today
Anthropic does not trade yet, so many investors get exposure to the same trend through related public companies: its own backers, the chipmakers powering every model, OpenAI-linked names, and recent AI-era IPOs like SpaceX. Full breakdown and broker links are on the how to buy page.
Direct Anthropic backers & partners
Public companies that invested in Anthropic or supply its compute. The closest listed exposure to Anthropic itself.
Alphabet (Google) GOOGL
Committed up to $40B to Anthropic and supplies Google Cloud plus TPU capacity. Holds a sizable equity stake.
Buy GOOGL → Broadcom AVGO
Co-developing roughly 5 GW of next-generation TPU capacity with Google to serve Anthropic's compute demand.
Buy AVGO → Micron MU
Strategic infrastructure investor in Anthropic's Series H and a key memory supplier for AI accelerators.
Buy MU →Recent AI-era IPOs
Newly public companies riding the same AI wave Anthropic will list into. A read on how the market prices frontier-AI growth.
SpaceX SPCX
SpaceX fully owns xAI, the maker of the Grok models and the X platform, after acquiring it in early 2026. Grok now operates as SpaceX's AI division, which makes SpaceX a primary AI stock and one of the most direct public-market routes into a frontier lab, alongside its space business. It recently completed a record-setting IPO. See SpaceXChart for a deeper look.
Buy SPCX →OpenAI-linked names
Public stocks tied to Anthropic's main rival, OpenAI. Useful for tracking the competitive side of the AI race.
Microsoft MSFT
OpenAI's largest backer and infrastructure partner via Azure. Also offers Claude on Azure, so it benefits from both labs.
Buy MSFT →AI chips & infrastructure
The picks-and-shovels layer. Every frontier lab, Anthropic included, runs on these chips and data-center suppliers.
Nvidia NVDA
Supplies the GPUs that train and serve nearly every frontier model, Anthropic's included. The default way to own the AI compute build-out.
Buy NVDA → AMD AMD
The main alternative AI accelerator supplier as labs diversify away from a single chip vendor.
Buy AMD → TSMC TSM
Fabricates the advanced chips behind the AI boom, including Nvidia GPUs and custom TPUs.
Buy TSM →What the public S-1 will finally reveal
- Audited revenue, gross margin, and operating losses
- Compute and R&D cost structure
- Share classes and voting/governance terms
- Customer and revenue concentration
- Detailed risk factors
Track filings on our IPO page.