AI company Anthropic accelerates IPO process
Anthropic is preparing for an initial public offering on the Nasdaq exchange under the ticker 'ANT'. Due to market conditions, valuation expectations have been revised to between $1 trillion and $1.5 trillion.
Artificial intelligence company Anthropic is moving forward with plans for an IPO on the Nasdaq exchange under the ticker symbol 'ANT'. The company is expected to set its valuation range this week, with shares anticipated to begin trading as early as next week.
The company's valuation, previously expected to reach the $2 trillion level, has been revised downward due to market volatility in the artificial intelligence sector and investor caution. Current market estimates suggest the valuation could settle between $1 trillion and $1.5 trillion.
The company reportedly generated $33 billion in revenue during the January-September period of 2026. Other developments in the sector include reports that OpenAI reached a $1.25 trillion valuation following an $11 billion capital raise last week. It is noted that OpenAI filed for a confidential IPO in June but is not expected to go public before the end of the year.
Assessment: There are discrepancies among sources regarding the exact start date of the IPO; some reports point to Thursday or Friday of next week, while others convey expectations for an earlier date.