Anthropic is considering a potential $50 billion round at a valuation of $850–$900 billion, with a board decision expected in May and a potential IPO as early as October 2026. If successful, Anthropic would surpass OpenAI, valued at $852 billion in its record-breaking $122 billion round, as the most valuable private AI company in the world. The potential round would more than double Anthropic's current valuation. The company's annualised revenue run rate reached approximately $9 billion at the end of 2025, $30 billion by the year end of March 2026, and the company said earlier this month that it has crossed $30bn in annualised revenues. The White House has told Anthropic it opposes expanding Mythos' advanced cybersecurity model to additional users, partly due to its limited computing power.