Leading AI large model vendor Anthropic is preparing for an IPO, releasing data showing its total addressable market could exceed $30 trillion, more than 12 times the combined revenue of all S&P 1500 tech companies last year. The company expects its revenue to reach $190 billion to $200 billion by 2028, with annualized revenue already surpassing $65 billion as of July and second quarter revenue exceeding $11.5 billion, a 14 times rise from the same period last year. These strong financial results are pushing the valuation of Anthropic’s IPO higher, challenging that of existing top global tech companies.