Anthropic’s valuation just hit $965 billion. These 2 Great AI Stocks Are the Real Winners

Anthropic’s valuation just hit 5 billion. These 2 Great AI Stocks Are the Real Winners
Anthropic’s valuation just hit 5 billion. These 2 Great AI Stocks Are the Real Winners

Anthropic just became the latest artificial intelligence (AI) giant to announce an upcoming initial public offering. The AI ​​laboratory joins Brain systemswhich launched last month, and SpaceX, which is aiming for its market debut on June 12. Anthropic has not yet decided on a possible date or other details; instead, it began the process through a confidential filing with the Securities and Exchange Commission on June 1.

In recent years, Anthropic has attracted the attention of investors as it competes with OpenAI: these players are the developers of the popular AI assistants Claude and ChatGPT, respectively. Both AI labs have expressed interest in launching IPOs of late after raising billions of dollars in funding.

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And speaking of financing, Anthropic’s valuation just hit $965 billion ahead of its market debut. Clearly, this is good news for the company, but it’s not the only winner. These two great AI stocks could be the real winners.

Image source: Getty Images.

Anthropic’s Clues to Growth

First, a quick note on Anthropic. As mentioned, it is the company behind Claude, the Claude Code coding assistant, and other products. We have limited information on Anthropic’s earnings as it is not yet publicly traded, so it does not have to issue reports. But in recent times the company has offered us some clues about its growth.

Last month, Anthropic said it has seen continued growth in Claude’s global enterprise adoption since its Series G funding round in February, and its annual revenue rate has just reached $47 billion. In February, the run rate was $14 billion and the company, at the time, said that three years earlier it had not yet made $1 in revenue. Meanwhile, due to this customer growth, Anthropic must invest in computing to support Claude and his development – its capacity has increased significantly in recent weeks.

All of this shows tremendous growth in a relatively short period of time, and it’s no surprise that professional investors have been quick to join the story in the private market. Now, let’s consider the two technology companies that may be benefiting significantly from Anthropic’s rising valuation, and they are Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL).

For some reasons. First, both companies are investors in Anthropic, so they benefit as the company’s value increases. Amazon said in April that it was investing $5 billion in Anthropic immediately, after already investing $8 billion in the past. And the e-commerce and cloud computing services giant said it would invest up to $20 billion in the future, depending on the achievement of business milestones.

An investment of 40 billion dollars

Alphabet recently said it plans to invest up to $40 billion in Anthropic. Prior to this, Alphabet had invested around $3 billion and reportedly had a 14% stake in the company. That stake could be worth more than $100 billion today.

Meanwhile, Anthropic is turning to Amazon and Alphabet for computing capacity; For example, Anthropic recently committed to spending $100 billion on Amazon web services technologies over the next 10 years.

And these two cloud services giants also offer access to Claude to their customers. Therefore, Amazon and Alphabet stand to benefit as Anthropic grows and invests more and more in computing, and as customers flock to Claude.

What does this mean for you as an investor? To gain exposure to Anthropic, you can participate in the upcoming IPO or buy the shares once they begin trading. But that’s not the only way to benefit from this exciting AI laboratory.

You can also buy shares of Amazon and Alphabet as they are likely to benefit from Anthropic’s progress in many ways, as I mentioned above. This could be a particularly wise move for investors looking for a bit of security, considering that both Amazon and Alphabet have a long history of earnings growth and very well-established businesses. At the same time, its involvement in Anthropic’s story could offer it exposure to a new wave of growth.

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Adria Cimino has positions in Amazon. The Motley Fool has positions and recommends Alphabet and Amazon. The Motley Fool has a disclosure policy.

Anthropic’s valuation just hit $965 billion. These 2 Great AI Stocks Are the Real Winners originally posted by The Motley Fool

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