Anthropic began its journey as an under-the-radar research lab founded in 2021 by seven former OpenAI employees. Now, the company is poised to launch an historic public debut that could set the tone for the AI trade in 2027 and test investors’ appetite for an entirely new asset class. The company that brought the world Claude reported more than $33 billion in revenue for the first nine months of 2026 in its updated IPO prospectus, but also disclosed nearly $900 billion in compute and infrastructure commitments and 90-plus pages of potential risks. CNBC explores Anthropic’s rapid rise, its rivalry with OpenAI and its clash with the Pentagon, and what its public debut could mean for the AI trade.

Chapters:
0:00 Introduction
0:32 – 1:51 Origins
1:52 – 4:16 The focus on enterprise
4:17 – 6:17 Risk Factors

Produced by: Drew Troast
Technology Correspondent: Kate Rooney
Edited by: Matt Soto
Animation: Mallory Brandan, Jason Reginato
Senior Director of Video: Jeniece Pettitt

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Anthropic’s Rise: What To Know Before The IPO

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Automakers are increasingly using 3D-printed car parts. In a process called additive manufacturing, printers create objects from a digital design by layering materials like plastic, carbon and metal. This process can produce a wide range of items from motors and steering wheels to assembly tools. Watch the video to learn more about how car companies are using 3D printers to enhance production.

Producing and Camera by: Michael Wayland
Edited by: Ryan Baker
Senior Managing Producer: Tala Hadavi
Additional Footage: Ford, Rivian, Getty Images

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How 3D Printing Is Saving Auto Makers Millions

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Watch updates on major stock market averages and tech stocks as trade talks progress on between the U.S., Canada and Mexico.

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CNBC live price updates: Markets, trade talks and tech stocks — Wednesday, Aug. 29 2018 | CNBC

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Apple unveiled its home speaker during WWDC 2017 on Monday. The device, called HomePod, will go toe-to-toe with existing competitors such as the Amazon Echo and Google Home.
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First Look At Apple’s HomePod, An Amazon Echo Competitor | CNBC

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Snapchat’s parent files for an IPO, which may make it the largest tech company to go public in years.
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Snap, Inc. Quietly Files For Public Offering | Tech Bet | CNBC

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