Anthropic's Daniela Amodei dismisses AI ROI concerns ahead of IPO
Original: Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns
Why This Matters
Anthropic's IPO filing signals major AI companies moving toward public markets for capital.
Anthropic co-founder Daniela Amodei addressed skepticism about AI returns at Bloomberg Tech conference as the company filed confidentially for IPO. The AI model maker raised $65 billion at $965 billion valuation and reported $47 billion annualized revenue in May.
Anthropic has filed confidentially for an IPO following its oversubscribed $65 billion fundraise at a $965 billion valuation. Co-founder Daniela Amodei said the decision is driven by capital needs for training models and serving inference. The company's annualized revenue reached $47 billion in May, up from $9 billion at end-2025. Despite concerns from companies like Uber about unproductive AI spending, Amodei believes businesses are still early in learning effective AI deployment. She expects continued growth in coding, financial services, legal, and healthcare use cases. Unlike OpenAI and xAI, Anthropic isn't building its own data centers, preferring to avoid overextending on compute purchases. The company partnered with xAI for compute capacity at $1.25 billion monthly cost.