Title: As IPO Looms, Anthropic’s Daniela Amodei Dismisses Concerns Regarding AI Profitability

With private investors vying for shares in Anthropic due to the company’s rapid expansion, the AI developer recently announced a $65 billion fundraising round at a staggering $965 billion valuation, which multiple sources confirmed was significantly oversubscribed. Capitalizing on this sustained private interest, Anthropic has now initiated the process for a public offering by submitting a confidential IPO filing.

Speaking at the Bloomberg Tech conference on Thursday, co-founder Daniela Amodei explained that the move toward a public listing is driven by financial necessity. “It’s a really big upfront cost to train the models and to serve inference on them,” Amodei stated. She anticip that as the industry evolves, the core group of firms pushing the boundaries of artificial intelligence will require substantial financial resources, a role she believes the public markets are ideally positioned to fill.

Anthropic’s growth has been swift, with the company reporting in May that its annualized revenue had surged to $47 billion, a massive increase from the approximately $9 billion recorded at the end of 2025. However, this upward trajectory may encounter headwinds. Major enterprises like Uber have noted that while AI offers potential returns, not all expenditures in the sector have yielded productive results. This has sparked concerns that corporate clients might reduce their AI budgets, potentially dampening growth across the industry.

Amodei remains unconvinced that the sector is facing a downturn. She argues that businesses are still in the early stages of mastering effective AI deployment. “The use cases today, I expect will continue to be the primary driver of efficiency or creativity, whether that’s coding, financial services, legal, [or] health care,” she said. Amodei expects that as the business community becomes more accustomed to these technologies, collective understanding will deepen. “As the business community gets more familiar with the tools, we’re all going to learn together. My hope is that over time it’ll be more incorporated into the day-to-day of how humans do our work, and there will actually be a lot more value realized.”

Regarding infrastructure, Amodei addressed why Anthropic has opted not to construct its own data centers to satisfy its escalating computational demands, a strategy employed by competitors such as OpenAI and Elon Musk’s xAI. “Anthropic’s view has always been wanting to plan for the best outcome but not overextend ourselves such that we’re buying more compute than we could productively use,” she explained. Acknowledging the difficulty in forecasting demand precisely, she added, “We would much prefer to be on the side of having a little bit more demand for the product than we’re able to serve than the inverse.”

This cautious approach to infrastructure was highlighted last month when Anthropic announced a partnership with xAI to secure compute capacity. The agreement, which was later detailed in SpaceX’s S-1 filing, requires Anthropic to pay $1.25 billion per month.

Source: TechCrunch Generated at: 2026-06-04 22:43:26 UTC