Anthropic reportedly targets week of Nov 9 for IPO launch
The timeline comes from an anonymous-source report; if it holds, this would be a mega-IPO, but internal talks continue and delay risk remains.
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Anthropic, the AI company behind the Claude chatbot, is reportedly targeting the week of Nov. 9 to launch its IPO, aiming to list before Thanksgiving.
According to Bloomberg on Oct. 1, citing anonymous sources, the company hopes to begin formally marketing the offering that week and is determined to go public before year-end; internal discussions on the exact timeline are ongoing and could still change. Reuters, which saw the IPO prospectus on Sep. 28, had reported that the company was most likely to wait until just after the Nov. 3 midterm elections.
The prospectus discloses a wide gap: fiscal 2025 revenue came to $4.6 billion, more than 12 times the prior year. The net loss exceeded $42 billion. The company also plans to spend $518 billion on AI infrastructure in the coming years.
The listing is expected to value Anthropic at more than $2 trillion. The report notes that rival OpenAI appears to have already delayed its own IPO; a similar delay by Anthropic could hit AI-linked stocks such as Nvidia.