Anthropic’s IPO Changes Everything for Your AI Stocks
Anthropic filed confidentially for an IPO on June 1, 2026, after a $65 billion Series H valued the company (maker of Claude) at $965 billion. Its revenue run rate hit $65 billion in July 2026, up from roughly $9 billion a year earlier. We walk through what we’d need to see in the prospectus to actually buy in — growth durability, compute costs, and margin path — and where the valuation could break down if growth slows post-IPO.
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