Anthropic Plans to Press Ahead With an IPO Before Thanksgiving at $1.5 Trillion, FT Reports
JUST IN: Anthropic plans to IPO before thanksgiving at $1.5 trillion valuation, FT reports.
Context
It would be the largest AI listing ever and a test of public appetite after this week's selloff.
Watcher.Guru relayed the Financial Times report that Anthropic plans to IPO before Thanksgiving at a $1.5 trillion valuation. The FT headline says Anthropic will press ahead with that target. On Nov 5 the WSJ reported that big investors were skeptical of the price.
Deep dive
The Financial Times reported on Friday that Anthropic will press ahead with its IPO at a $1.5 trillion valuation target, and Watcher.Guru relayed that the listing is planned before Thanksgiving. Anthropic has not confirmed the timing on X.
The report follows Thursday's WSJ story, covered in the Nov 5 deck, that large investors were pushing back on the $1.5 trillion price after the market drop. Pressing ahead suggests Anthropic believes demand is strong enough despite the selloff in AI stocks after the midterms.
If it goes ahead on that schedule and at that price, it would be the largest AI company to go public. The same afternoon OpenAI reportedly closed $11 billion of a private round at $1.25 trillion, so the two leading labs are now being priced in very different ways. One is raising privately in tranches, the other is preparing to sell shares to the public within weeks. Details on how many shares Anthropic would sell, and on which exchange, were not in the posts scanned.
What to expect next
Watch for a public filing, the final price range and how much stock Anthropic sells.
The open question is whether public investors accept $1.5 trillion while AI and data center names are under pressure, or whether the price moves before the listing. Also watch how OpenAI's private round at $1.25 trillion shapes the debate over which lab deserves the higher price, and whether other AI companies line up listings behind Anthropic if it goes well.