Anthropic Secures $200M Snowflake Deal as IPO Talk Builds

Anthropic continues to close major deals as it reportedly moves toward an IPO, possibly coming as soon as Q1 (although Sasha de Marigny, the company’s chief communications officer, said there are no immediate plans to go public). The Amazon-funded AI startup’s latest contract provides its Claude models to cloud software firm Snowflake in a $200 million multiyear deal. Snowflake’s AI agents will use Claude to help businesses handle complex data analysis. As for the IPO, Financial Times reports Anthropic is working with Wilson Sonsini Goodrich & Rosati — a law firm whose CV includes IPOs for Google, LinkedIn and Lyft — and may be in a race with OpenAI to see who can be first to offer its shares publicly. Continue reading Anthropic Secures $200M Snowflake Deal as IPO Talk Builds