Can Anthropic IPO enliven the ASX AI infrastructure stocks?

The upcoming Anthropic IPO could drive renewed investor interest towards the following two ASX-listed companies which are poised for shareholder value creation.
The Artificial Intelligence company Anthropic which is behind the Claude platform has submitted a confidential filing with the Securities and Exchange Commission on 2 June 2026. The filing is believed to value the company at about US$950 billion to US$1 trillion. 

Australian investors face one clear limitation which is that Anthropic will not be listed on the ASX which means direct access will be difficult for many local investors. Several ASX-listed companies already play an important role in the infrastructure needed to support the next phase of AI growth. These businesses could benefit from rising demand for the infrastructure that powers artificial intelligence as the Anthropic IPO attracts global attention and capital.

Anthropic's business performance is relatively impressive as reports indicate that annualised revenue exceeded US$44 billion in May 2026. The company is also expected to achieve its first operating profit during the second quarter of 2026. Investors will now pay greater attention not only to AI applications but also to the infrastructure that makes them possible.

NextDC Limited (ASX: NXT)

NextDC is Australia's largest independent data centre operator and has a market capitalisation of $12.29 billion. Investor interest has increased recently as the stock rose 13.54% over the past month as the scale of the AI opportunity becomes more widely recognised.
NextDC is currently building a $7 billion AI-focused data centre campus in Western Sydney and OpenAI has already signed on as the foundation customer. The project has shown the need for high-performance computing infrastructure across Australia.

The expansion of AI companies such as Anthropic is expected to create much greater demand for data centre capacity. Large language models require enormous amounts of computing power along with storage and networking resources and data centres have become some of the most important assets within the AI ecosystem.

Demand is ahead of supply in many important markets as cloud providers along with AI developers and enterprise customers compete for available capacity. Unlike software products which can change quickly, high-quality data centres are costly to build and often require years to replicate and this will create very high barriers to entry.

Macquarie Technology Group Limited (ASX: MAQ)

Macquarie Technology Group has a market capitalisation of approximately $2.01 billion and Its shares have also performed well and gained 11.5% over the past month.
Macquarie Technology is in a different but equally important area of the AI infrastructure market. NextDC mainly focuses on hyperscale data centre capacity while Macquarie Technology specialises in sovereign cloud services along with cybersecurity solutions and secure digital infrastructure for government agencies and heavily regulated industries.

This position has become more valuable as organisations adopt advanced AI systems such as Anthropic's Claude platform. This has created a significant opportunity for sovereign infrastructure providers located within Australia. 

Macquarie Technology has reported 20 consecutive half-years of operating income growth and this highlights both the resilience of the business and the essential nature of its services. Such consistency is impressive given the difficult economic conditions experienced in recent years.

Final Thoughts

Investors should remain aware of potential risks despite the attractive growth prospects as both NextDC and Macquarie Technology operate capital-intensive businesses and significant investment is required to expand and maintain large-scale data centre infrastructure. 
Valuation is another factor to consider as both companies have delivered strong share price gains over recent years. This means some future growth expectations may already be reflected in current valuations.
The Anthropic IPO is another important milestone for the global AI industry as it could provide further evidence of the enormous economic potential of artificial intelligence. 
NextDC and Macquarie Technology are two of the strongest ASX-listed beneficiaries of this trend and both businesses occupy critical positions within the AI ecosystem. 

(Source: Company Announcements)