Amazon.com IncAmazon holds a 15-20% stake in Anthropic, which is preparing for a large IPO, potentially boosting Amazon's investment value.
Anthropic, the developer of the Claude chatbot, filed a confidential S-1 draft with the SEC on June 1, signaling a forthcoming IPO that could be one of the largest in history after its late-May fundraising round valued the company at $965 billion. Investors seeking early exposure can buy shares of major backers Amazon and Alphabet, which hold estimated stakes of 15% to 20% and about 14%, respectively. The KraneShares Artificial Intelligence and Technology ETF invests in both public and private companies, with Anthropic as its largest private holding at roughly 1.7% of net assets and an annual fee of 0.99%. The ARK Venture Fund, a closed-end fund, offers greater private-company exposure with Anthropic at about 6.4% of the fund and OpenAI at 8.5%, though it charges a gross annual fee of 3.49% and has higher minimums. The most direct but exclusive route is buying Anthropic shares on the secondary market, an option typically limited to professional investors and high-net-worth individuals due to high fees, minimums, and trading complexities.
Amazon.com IncAmazon holds a 15-20% stake in Anthropic, which is preparing for a large IPO, potentially boosting Amazon's investment value.
Alphabet Inc Class CAlphabet holds about 14% of Anthropic, which is preparing for a large IPO, potentially boosting Alphabet's investment value.
Anthropic filed for IPO, which is the subject of the article, signaling a path to public listing and potential value realization.