Anthropic is one of the hottest artificial intelligence (AI) start-ups. It has raised billions of dollars in capital from investors in the past year, a massive haul for a company that just opened its doors in 2021. Early Anthropic investors feature a who's who of tech titans and venture capitalists backing a team of former OpenAI employees who wanted to focus on AI safety.
They've developed the AI chatbot Claude, a digital rival to OpenAI's uber-popular ChatGPT. The company's latest model (Claude 3.7 Sonnet) has outperformed OpenAI's GPT-4 model in areas like reasoning, math, and coding.
Anthropic's early technology edge and big-time backers have many people interested in learning how to invest in the AI company. Here's everything you need to know about Anthropic, including ways to invest in the pre-IPO (initial public offering) company.
IPO
Is Anthropic publicly traded?
As of late 2025, Anthropic wasn't publicly traded. The AI developer was a privately held company owned by venture capital funds and technology giants. The company's early investors are among the biggest names in Silicon Valley.
In January 2025, the AI startup raised another $1 billion in capital from Alphabet's (GOOG +3.33%)(GOOGL +3.50%) Google, which holds a 10% stake. Fellow tech titan Amazon (AMZN +1.51%) has poured $8 billion into the AI start-up. This funding valued Anthropic at $60 billion, more than triple what investors valued the company a year ago.
Tech giants Microsoft (MSFT -1.32%) and Nvidia (NVDA -0.97%) joined as investors in November 2025. Nvidia has committed to invest up to $10 billion in Anthropic, while Microsoft plans to invest up to $5 billion. The partnership will allow the tech titans to reduce their reliance on fellow AI start-up OpenAI by strengthening one of its chief rivals. As part of the deal, Anthropic made a $30 billion commitment to use Microsoft's cloud services.
When will Anthropic IPO?
Anthropic is one of the top IPO stocks to watch. As of late 2025, the AI company didn't have an IPO on the calendar and likely won't go public anytime soon.
It has successfully raised billions of dollars in the private capital markets, giving it lots of cash to fund research and development (R&D) and scale its business. Many of its top investors have already made large follow-on investments. Given its ease of raising capital, Anthropic will likely remain private as it builds its AI capabilities.
Is it profitable?
As a private company, Anthropic doesn't have to publicly disclose its financial results. However, given its popularity, we do have some financial information about the company.
According to several reports, Anthorpic's annualized revenue was around $875 million in early 2025. That's a significant increase from late 2023 when The Information reported that Anthropic was generating about $100 million in annualized revenue.
However, the company likely wasn't profitable, given that it was investing heavily in research and development to train its AI models, which can cost as much as $100 million per model. As a result, the company likely faces a long road to reaching profitability as it continues to invest heavily in R&D and scales its business.
Can you buy Anthropic stock?
Because Anthropic is still a private company, you can't buy its shares in a brokerage account. However, accredited investors (i.e., those with a high net worth or high income) can sometimes buy shares of pre-IPO companies on secondary marketplaces, like Forge Global (FRGE +0.68%) and Hiive.
Accredited Investor
Alternatives to Anthropic
Although non-accredited investors can't buy Anthropic stock yet, there are alternative ways to gain exposure to the company. For example, anyone can invest in the Fundrise Innovation Fund. Fundrise, a company specializing in offering retail investors access to private market investments, manages the venture capital fund.
The Innovation Fund owns shares of several privately held technology companies, including Anthropic, OpenAI, Databricks, and Canva. The fund has a very low investment minimum of just $10.
You could also consider the Ark Venture Fund (ARKV.X -0.53%), a tiny closed-end fund managed by Cathie Wood. The fund holds shares of several pre-IPO companies, including Anthropic (3.54% of its net assets in late 2025).
Another alternative is to buy shares in companies that have invested in Anthropic, giving you some indirect exposure to the AI company. Three top AI stocks are:
Amazon
Amazon is a leader in e-commerce and cloud computing through Amazon Web Services (AWS). The company has invested $8 billion into Anthropic, including taking a minority stake and notes convertible to equity.
As part of its strategic minority investment in Anthropic, the AI company will use AWS as its primary cloud provider, and AWS Trainium and Inferentia chips to build, train, and deploy future models. Amazon's investment and strategic partnership are part of its commitment to advance generative AI technology.
Alphabet
Alphabet is a leader in search, social media, and innovation. The company's Google subsidiary is investing heavily in AI technology and has developed its own AI chatbot (Gemini AI, formerly Google Bard).
The company is also an early investor in Anthropic, initially pouring $550 million into the AI start-up. It has since invested more than $8 billion in the company, giving it a roughly 10% ownership stake. Anthropic also signed a multiyear deal with Google Cloud.
Salesforce
Salesforce is a leading software and cloud company. It has also been an early adopter of AI. It's integrating the technology into many of its products, including launching its Einstein Copilot generative AI assistant for customer relationship management. The company's venture capital arm, Salesforce Ventures, invested in Anthropic through its more $250 million Generative AI fund.
How to buy stocks similar to Anthropic
People who want to buy one of these early Anthropic investors can purchase shares in any brokerage account. Here's a step-by-step guide on how to invest in stocks that own a stake in Anthropic.
- Open your brokerage account: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.
Should you invest in Anthropic?
While you can't invest directly in Anthropic yet, you can gain exposure to the company through a fund holding its shares or by investing in one of its backers. With that in mind, here are some reasons to consider investing in the company:
- You believe its Claude AI chatbot is superior to rivals like ChatGPT, Meta AI, and xAI's Grok.
- You like that the company has the financial backing of some of the biggest names in technology.
- You believe Anthropic can grow its revenue significantly in the coming years and eventually turn the corner on profitability.
- You think Anthropic can develop additional AI-powered products and tools to enhance its long-term growth prospects.
On the other hand, here are some reasons you might opt against investing in Anthropic:
- You're concerned about growing competition in the AI space.
- You prefer a rival AI chatbot.
- You think AI might be more of a fad and never live up to the hype.
- You're worried the company might never turn the corner on profitability.
- You're concerned about how regulation, legislation, or legal issues might affect AI's growth trajectory.
The bottom line
Anthropic is one of the hottest start-ups in the hottest sector, and it has the backing of some of the top names in technology and venture capital. They've infused it with cash, giving it the capital to invest heavily in developing AI models.
It's already growing extremely fast and has a long growth runway ahead. Add in its technological lead over other chatbots, and it's one of the more exciting AI companies.
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