PYMNTS.com December 3, 2025
Anthropic is taking early-but-consequential steps toward a potential IPO that could arrive as soon as 2026. It’s a timeline that, if it holds, would put one of the most important generative AI vendors used across financial services onto public-market footing ahead of rival OpenAI.
For banks, payments processors and FinTechs racing to operationalize AI for fraud, compliance, customer service and developer productivity, an Anthropic listing would also be a referendum on whether public investors will fund the soaring compute costs behind “frontier” models.
According to the Financial Times, Anthropic has tapped law firm Wilson Sonsini “to begin work on one of the largest initial public offerings ever,” with the company “in talks for a private funding round” that would value...
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