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Anthropic targets mid-November for public debut - report

Anthropic targets mid-November for public debut - report

Anthropic PBC, the artificial intelligence company known for its Claude model, is set to go public in mid-November, according to a Bloomberg report. The firm, which previously aimed for an IPO after the summer, has delayed its public debut. Bloomberg cites anonymous sources indicating the company's marketing for the IPO could launch as early as November 9, with trading potentially beginning before Thanksgiving on November 26.

Anthropic's CEO, Dario Amodei, has voiced concerns about the rapid advancement of AI models, suggesting a need to slow down, and has written an essay on the topic. Despite increased competition from OpenAI, Anthropic's valuation is reportedly fair, with estimates ranging between $1.8 trillion and $2 trillion. The company is expected to match or surpass the size of SpaceX's IPO, which was one of the largest in history.

In 2025, Anthropic recorded a net loss of about $42 billion, nearly five times higher than the previous year's loss of around $8.3 billion. The company's 2025 revenue was approximately $4.6 billion, a significant increase from $386 million in the previous year, although its operating loss expanded to over $8 billion.

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