Anthropic, the AI firm known for its Claude chatbot, has confidentially filed for an initial public offering (IPO), positioning itself for a potential Wall Street debut this fall. The company, founded in 2021 by ex-OpenAI employees, has seen its valuation skyrocket to $965 billion after securing $65 billion in funding from prominent investors including Sequoia Capital and Altimeter Capital. This IPO is anticipated to be among the largest in history, competing with upcoming offerings from SpaceX and OpenAI. Anthropic's rapid growth has been fueled by the success of Claude Code, an AI coding tool that dramatically increased its revenue run-rate from $9 billion at the end of 2025 to over $47 billion within a year. The competitive landscape is intense, with banks indicating that the first company to complete its IPO will gain priority access to vast pools of capital eager to invest in AI technologies. Anthropic's strategic move to file for an IPO first could set the stage for a transformative moment in the tech industry.