Anthropic is projecting $10.9 billion in revenue for the second quarter of 2026, more than doubling its Q1 figure of $4.8 billion, according to internal forecasts. The company also expects to post its first quarterly operating profit of $559 million in the same period, marking a financial turning point for the AI firm.
Valuation Nears $900 Billion in Funding Round
Anthropic is in talks for a new funding round that could value the company at $900 billion. That would surpass OpenAI’s $852 billion valuation from a March 2026 funding round. The discussions come as both AI companies race to secure capital and prepare for public markets.
Openai Pushes Forward With IPO Filing
OpenAI, meanwhile, is working with Goldman Sachs and Morgan Stanley on a confidential S-1 filing for an initial public offering. The filing could come as early as Friday. OpenAI’s move follows internal struggles — the company missed both its revenue and weekly user targets in early 2026, though it still commands a high valuation.
Anthropic Considers Public Listing as Soon as October
Anthropic is considering a public listing as soon as October 2026. The company hasn’t formally filed yet, but the projected revenue and profit figures suggest it could attract strong investor interest. The timing puts Anthropic on a potential collision course with OpenAI’s IPO, though no final decisions have been made.
For now, the big question is whether Anthropic will file its own IPO paperwork in the coming months — and how the market will digest two AI heavyweights going public within weeks of each other.
