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Trump Blocks Anthropic AI Export, $60B IPO Planned

6/19/2026

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Trump Blocks AI
  • President Donald Trump imposed export controls on Anthropic’s Fable 5 and Mythos 5 on June 12, blocking foreign access.
  • Anthropic co-founder Tom Brown and CEO Sarah Heck met Commerce Secretary Howard Lutnick and Cyber Director Sean Cairncross, suspended access and began drafting a framework with the White House.
  • Despite the shutdown, Anthropic plans an IPO that could raise $30-$60 billion, while 170 tech executives warned the ban threatens U.S. AI leadership.
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