The short answer: Anthropic is the San Francisco AI company behind the Claude family of AI models and the Claude Code coding assistant. It was founded in 2021 by a group of executives and researchers who left OpenAI, per CNBC. It was valued at $965 billion in a May 2026 funding round, has confidentially filed for an IPO, and is still private as of October 24, 2026.
A company profile from The Pomp Podcast, hosted by Anthony Pompliano. Last updated: October 24, 2026.
Key takeaways
Anthropic is the San Francisco AI company behind the Claude models and the Claude Code coding assistant.
It was founded in 2021 by executives and researchers who left OpenAI, and Dario Amodei is co-founder and CEO.
It was valued at $965 billion in May 2026, confidentially filed for an IPO on June 1, 2026, and is still private.
What is Anthropic?
Anthropic builds large language models and sells access to them to businesses, developers and consumers. It is best known for Claude, which powers products including Claude Code, according to CNBC. It released its first large language model in March 2023, per Reuters via CNBC.
Anthropic describes itself as "a public benefit corporation" focused on AI safety. Its board is elected by stockholders and by a separate Long-Term Benefit Trust, according to the company.
Who founded Anthropic?
Anthropic was founded in 2021 by executives and researchers who left OpenAI over concerns about that company's direction, per CNBC. Dario Amodei is co-founder and CEO. Daniela Amodei sits on its board, which also includes Reed Hastings, according to Anthropic.
How fast is Anthropic growing?
In May 2026, Anthropic said its revenue run rate had reached $47 billion, up from $10 billion in annual revenue the year before, per CNBC.
Its IPO prospectus shows a net loss of about $42 billion in 2025, including a roughly $34 billion accounting charge, and $518 billion of planned cloud, computing and infrastructure obligations, according to Reuters.
Nearly a quarter of 2025 revenue came from two customers, the prospectus says, per Reuters.
How much is Anthropic worth, and when is the IPO?
Anthropic closed a $65 billion funding round at a $965 billion valuation in May 2026, CNBC reports, topping OpenAI's $852 billion valuation from March. It confidentially filed its IPO prospectus with the SEC on June 1, 2026, per CNBC.
The offering could value Anthropic at more than $2 trillion, and its debut is likely to come after the November U.S. midterm elections, Reuters reported, per CNBC. No IPO date or price has been set.
Who are Anthropic's partners and rivals?
Amazon and Google were early strategic partners. Both have invested billions in Anthropic and supply cloud infrastructure for Claude, per Reuters.
OpenAI is its biggest rival, competing for business customers, talent and influence in Washington, per Reuters. It also competes with xAI, Google and Meta.
The Pentagon. The Defense Department temporarily blacklisted Anthropic after talks collapsed. A U.S. judge blocked the move in August, according to Reuters.
Why does Anthropic matter?
A benchmark for AI valuations. Analysts expect the first big AI lab to go public to set valuation benchmarks for the industry, Reuters reports.
Enterprise and coding. CNBC calls Claude Code a "popular" coding assistant, and OpenAI's Codex competes directly with it, per CNBC.
Safety. Anthropic's own research shows increasingly autonomous models can behave in unexpected and potentially harmful ways in tests, and Amodei has called for the industry to slow the release of new capabilities, per Reuters.
What did The Pomp Podcast say about Anthropic?
Anthropic came up in all seven episodes listed below. The longest debate was on October 17, when Pomp and Jordi Visser disagreed about whether its growth can last. Quotes below are from the episodes, with timestamps.
"Anthropic's growth rate is going to continue to decelerate."
Jordi disagreed:
"I know the revenues are coming in because Anthropic is the fastest growing company in the history of the world."
"at the end of this year, they will be around 10 times where they were a year ago in the ARR. No question about it."
Describing the cost of running AI at his own company, Pomp said: "If we process 500 million tokens on Anthropic versus our own hardware and software, we paid 97% less." (41:58) He argued that companies start with the big labs and then move some work elsewhere:
"OpenAI and Anthropic are the starter pack for a company to get involved in AI."
Later in the episode, Jordi said: "Anthropic was a $50 billion valued company 18 months ago that is now valued at $2 trillion." (53:41)
Clarification: Anthropic's last private valuation was $965 billion in May 2026. Reuters reports its IPO could value it at more than $2 trillion, but it has not yet gone public.
Every Pomp Podcast episode that discussed Anthropic
Anthropic came up in 7 recent episodes of The Pomp Podcast. Each link opens the YouTube video at that moment.
Oct 24, 2026: Will Bitcoin Survive Quantum Computing? | Jordi Visser. A discussion of how investors use ChatGPT, Claude and other AI tools. Timestamps: 23:21 (AI tools for investors).
Oct 22, 2026: 85% Of The AI Boom Is Still Ahead Of Us | Dan Ives. Pomp listed Anthropic's new personal-assistant AI alongside Grok, Instinct and Muse. Timestamps: 19:12 (Anthropic's personal assistant).
Oct 20, 2026: Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam. Pomp and Moez Kassam on how investors get exposure to OpenAI and Anthropic before an IPO. Timestamps: 17:53 (private-market access), 18:05 (tokenized pre-IPO trading).
Oct 17, 2026: Is Bitcoin Ready To Rip While Wall Street Breaks? | Jordi Visser. Pomp and Jordi debated Anthropic's growth, costs and valuation. Timestamps: 34:05 ("fastest growing company"), 35:57 (growth will decelerate), 39:20 (10x ARR), 41:58 (open-source cost savings), 49:04 ("starter pack"), 53:41 (valuation).
Oct 15, 2026: How to Find the Next 10x Stock Before Everyone Else | Eric Jackson. Pomp and Eric Jackson on Anthropic as an anchor tenant in an AI data center deal. Timestamps: 12:34 (anchor tenant for a data center).
Oct 12, 2026: How to Spot the Next Big Trade Before Wall Street | Chris Camillo. Pomp and Chris Camillo on what happens if a major AI lab fails. Timestamps: 17:20 (what if a lab fails).
Oct 10, 2026: Bitcoin Is the Toll Collector of the AI Economy | Jordi Visser. Pomp and Jordi on why ChatGPT would never route your query to Claude. Timestamps: 10:33 (model routing).
Watch or listen to the episode
Is Bitcoin Ready To Rip While Wall Street Breaks? | Jordi Visser, released October 17, 2026. The Anthropic debate starts around 34:00.
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Frequently asked questions
What is Anthropic?
Anthropic is an AI company that makes the Claude family of AI models and the Claude Code coding assistant. It is a public benefit corporation based in San Francisco.
Who founded Anthropic?
Anthropic was founded in 2021 by executives and researchers who left OpenAI. Dario Amodei is co-founder and CEO.
Is Anthropic publicly traded?
Not yet. Anthropic confidentially filed for an IPO on June 1, 2026. Reuters reports the debut is likely after the November 2026 midterm elections.
How much is Anthropic worth?
Anthropic was valued at $965 billion in a May 2026 funding round. Reuters reports its IPO could value it at more than $2 trillion.
Who invests in Anthropic?
Amazon and Google have each invested billions and supply cloud computing for Claude, according to Reuters.
What is Claude?
Claude is Anthropic's family of AI models. It powers Anthropic's chatbot and products such as Claude Code.
Sources
Last updated: October 24, 2026
Anthony Pompliano is an entrepreneur, investor, and author who serves as Chairman and CEO of Silvia, Inc (SVIA) and invests through Pomp Investments. He is the host of The Pomp Podcast, where he interviews founders, investors and economists about bitcoin, markets, AI and the economy.
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This profile is for informational purposes only and reflects reporting available as of October 24, 2026, plus opinions shared on The Pomp Podcast. It is not investment advice. Do your own research before making any investment decision.
