Anthropic IPO Could Shake AI Markets, but Perplexity Still Aims for 2028 Listing

The proposed Anthropic IPO is quickly becoming one of the most watched events in the artificial intelligence industry. Anthropic recently filed confidential IPO paperwork after reaching a reported private valuation of nearly $965 billion, placing it among the most valuable AI companies in the world. The move came just days before OpenAI also filed confidential IPO documents in the United States. Analysts believe that AI-related IPOs could account for a significant share of global technology fundraising in 2026 if market conditions remain supportive. 

Why the Anthropic IPO Could Be a Turning Point for AI Stocks and Future Listings

The Anthropic IPO could help investors understand how much the public market is willing to pay for leading AI companies. With Anthropic valued at nearly $965 billion in private markets, its stock market performance may set a benchmark for future AI listings. If Anthropic and OpenAI deliver strong post-listing performances, it can increase investor confidence in AI stocks, and they may become more willing to support emerging AI companies at higher valuations. A weaker performance, however, could make investors more selective and slow down new AI IPO activity. This is why the Anthropic IPO is being viewed as a key event for the future of the AI investment market.

Anthropic IPO May Influence Sentiment, But Perplexity Has Its Own Timeline

While the Anthropic IPO could affect investor sentiment across the AI sector, Perplexity says its plans remain unchanged. CEO Aravind Srinivas told CNBC that the company still intends to pursue an IPO in 2028, regardless of how Anthropic or OpenAI perform in public markets. 

Perplexity has consistently maintained that it does not plan to go public before 2028. The company reported approximately $500 million in annualized revenue by April 2026, reflecting strong growth in AI-powered search and answer services. 

According to Srinivas, negative IPO performances could create ripple effects across the sector. However, he also stated that successful listings would strengthen confidence in AI businesses and improve access to capital for future growth. 

Investors Also Ask: Why Does the Anthropic IPO Matter So Much?

The answer is simple: capital.

• Modern frontier AI companies spend billions on computing infrastructure, advanced chips, cloud services, and model training. 
• Public listings provide access to larger pools of capital and liquidity for employees and investors. 
• OpenAI’s reported valuation has crossed $850 billion, while Anthropic’s latest valuation approached $965 billion, highlighting the scale of investor expectations.

Financial media outlets such as NST Online and CNA have noted that the success of these IPOs could set valuation benchmarks for future AI listings.

Market Review: What Investors Should Watch Next

The Anthropic IPO is shaping up as a major test for AI valuations in public markets. With Anthropic valued at nearly $965 billion and OpenAI reportedly targeting valuations that could approach $1 trillion, investors are preparing for one of the biggest technology listing cycles in recent history. Perplexity’s decision to stay committed to a 2028 IPO timeline signals confidence in its long-term roadmap rather than short-term market excitement. The next several months will be critical because investor demand for Anthropic, OpenAI, and even upcoming listings such as SpaceX could establish the valuation framework for the entire AI industry. For investors, revenue growth, profitability trends, infrastructure spending, and enterprise adoption rates will remain the key indicators to watch. 

Disclaimer

The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.