Anthropic said to choose Nasdaq for potential October IPO: report

The AI industry has fueled a surge in Initial Public Offerings (IPOs) this year, with US listings amassing a total of US$160.6 billion, excluding special-purpose acquisition companies and financial instruments, as reported by Bloomberg. Anthropic, the company behind the Claude chatbot, has reportedly chosen Nasdaq for its potential record-setting IPO, according to individuals familiar with the situation.

The anticipated IPO could generate as much as or more than SpaceX's US$86.3 billion offering in June, according to sources. A listing on Nasdaq would be another success for Anthropic in 2026, following four other major US IPOs that also took place on the exchange, including SpaceX and SK Hynix. Business Insider previously disclosed Anthropic's decision to list on Nasdaq.

Both Anthropic and Nasdaq have not provided any comments on the matter. The IPO preparations come as AI development experts, including OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Elon Musk, have recently called for a slowdown in AI development due to escalating risks associated with the technology. Altman stated in an interview with Fortune that his company will not go public in 2026, citing safety concerns.

Earlier this month, Anthropic finalized a US$15 billion revolving credit facility, as reported by Bloomberg News.