WSJ Tech News Briefing · Tuesday, August 25, 2026
AI firm Anthropic is reportedly preparing for an IPO, with investors being told its total addressable market exceeds $30 trillion. The company more than doubled its revenue in the second quarter to $11.6 billion and is considering raising up to $100 billion. Anthropic's IPO valuation could reach $2 trillion, surpassing SpaceX's recent valuation.
“In another exclusive, Anthropic is expected to tell investors its total addressable market is above $30 trillion dollars.”
“And Anthropic more than doubled its revenue to $11.6 billion dollars in the second quarter.”
“Sources say the AI company could aim to raise as much as $100 billion dollars in the offering and is aiming for a valuation of about $2 trillion dollars, above the $1.77 trillion dollar valuation SpaceX garnered.”