Anthropic has confidentially submitted a draft S-1 form to the SEC, paving the way for what's expected to be one of the largest IPOs in recent history. The AI company behind Claude has not yet set a price for the offering or determined the number of shares to be made available. Investors will need to wait for the public filing to access detailed financial information.

The company reportedly achieved its first profitable quarter ending June 30, with an expected operating profit of $559 million on $10.9 billion in revenue. Just last week, Anthropic closed a massive $65 billion funding round, giving it a staggering valuation of $965 billion. These figures position Anthropic as one of the most valuable AI companies preparing for a public listing.

Anthropic's IPO timing could align with other major tech launches, as SpaceX is widely expected to go public this month and OpenAI may follow within months. This coming public offering marks a significant milestone for the AI industry as major players transition from private funding to public markets. The company's move to go public reflects the maturation of generative AI technology and increasing investor confidence in the sector.