Anthropic Could Become the Most Valuable Software Company in History. These Stocks Have Exposure to the AI Giant.

The article argues that Anthropic’s expected IPO could become one of the largest software listings ever, given its recent private valuation of $965 billion and confidential S-1 filing with the SEC on June 1. It highlights how investors can gain indirect exposure through public companies that have funded or partnered with Anthropic. Amazon, Alphabet, Salesforce, Nvidia, and Microsoft are described as key beneficiaries: they have invested in Anthropic and also sell cloud, chips, or AI services it uses. The market takeaway is that Anthropic’s growth may add value not only to the startup itself but also to the public companies tied to its funding and infrastructure needs, especially Amazon and Alphabet, which may see the biggest financial upside from their stakes and service relationships.