Anthropic Targets November IPO as Revenue Surges
Anthropic plans to launch its initial public offering in November, later than the October debut many investors had expected, The Wall Street Journal reported Friday (Sept. 18), citing unnamed sources. The November date may have been chosen to allow Anthropic to share its third-quarter financials, which are expected to show strong results. The date was […] The post Anthropic Targets November IPO…
Anthropic, an artificial intelligence company, aims to launch its initial public offering (IPO) in November, despite initial expectations of an October debut. According to a recent report by The Wall Street Journal, the chosen date may allow Anthropic to share its third-quarter financials, which are anticipated to display robust growth.
However, the final decision on the IPO timing could change, as per the report. Anthropic's potential valuation for its IPO could reach approximately $2 trillion, raising up to $100 billion, surpassing the records set by SpaceX in June.
The surge in Anthropic's revenue, which increased from $9 billion at the end of 2025 to $65 billion by the end of July, bolsters its plans for an IPO, even amid heightened public concern over AI's rapid development. OpenAI CEO Sam Altman, speaking to Fortune on September 11, stated that OpenAI will not pursue its IPO in 2026, emphasizing that "right now would be an ill-advised moment to go public" due to AI safety concerns.
Both Anthropic and OpenAI filed for IPOs confidentially in June, with the timing contingent on market conditions and other factors. Experts believe a potential slowdown in frontier AI would not hinder the technology's adoption, as enterprises would continue to rely on AI even without new models to deploy.
Written by urgent.news from PYMNTS's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.