Catenaa, Sunday, December 07, 2025- Anthropic is in early talks for a potential initial public offering that could rank among the largest tech listings next year, according to a Financial Times report.

The artificial intelligence company hired Wilson Sonsini Goodrich and Rosati for legal work tied to a possible stock sale.

The law firm has handled public offerings for major technology names including Google and LinkedIn.

The company has discussed a potential listing with several investment banks. Sources described those conversations as informal.

Anthropic is also seeking private funding that could value the business above three hundred billion dollars.

Microsoft and Nvidia have signaled interest with a possible combined commitment of about fifteen billion dollars.

Anthropic has expanded quickly in the past year. It announced a fifty billion dollar plan to build data centers in Texas and New York and increased hiring across international offices.

The report said the company has been preparing internal documents related to an eventual listing. No timeline has been decidd.

The plans come as OpenAI faces questions on a public listing. The developer of ChatGPT said recently it does not plan a near term offering. Both companies attracted strong venture interest while reporting large losses tied to development costs and hardware spending.

Investors will watch whether two rival artificial intelligence companies attempt to reach public markets in the same period.

High valuations and cash needs could shape outcomes for large offerings tied to artificial intelligence growth.