Anthropic CFO Krishna Rao leads early IPO investor meetings without discussing valuation

Published Aug 13, 06:44 PM UTC

Anthropic's CFO Krishna Rao is leading early, high-level meetings with prospective investors ahead of the company's potential initial public offering, according to sources who spoke to CNBC's David Faber. The meetings have focused on big-picture topics such as Anthropic's Claude AI models, the development of Claude Code, its enterprise market position, management team, and release cadence, but have not included discussions about specific financials or valuation. Anthropic confidentially filed its prospectus with the SEC in June 2026. The company recently closed a funding round at a $965 billion valuation, surpassing rival OpenAI's $852 billion valuation. Anthropic reported a run-rate revenue of $47 billion in May, up from roughly $10 billion in all of 2025. Some investors anticipate the company could seek a valuation of $2 trillion or more, though this figure is not coming from Anthropic itself. OpenAI is also preparing for a potential IPO but has not yet held pre-IPO meetings.