Anthropic delays IPO launch to mid-October at earliest, Reuters reports

Anthropic is now expected to initiate marketing for its initial public offering (IPO) in mid-October at the earliest, according to a Reuters report. The AI company could finalize the listing just days before the U.S. midterm elections in November, potentially making it one of the largest IPOs ever attempted. Anthropic had previously anticipated publishing its IPO prospectus as early as next week, but those plans have been revised to late September, Reuters reports.

The company is also seeking to finalize a $15 billion revolving credit facility as part of its IPO preparations. Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Citigroup are among the banks working with Anthropic on the IPO. This potential listing comes as investors are seeking greater public-market exposure to major AI companies, following OpenAI's record $1.77 trillion public-market debut in June.