Anthropic submitted an application to IPO; the target valuation has been reduced to $1.5-1.75 trillion
2026-10-26 21:41:06
According to CoinMeta, and as reported by Bloomberg, the artificial intelligence company Anthropic has submitted an application for a IPO that could become one of the largest initial public offerings (IPOs) in history. The company is expected to match or exceed the $75 billion IPO record set by SpaceX. However, its anticipated valuation has been reduced from previously estimated $2 trillion to $1.5-1.75 trillion, despite quarterly revenue growing by nearly 50% to reach $16.8 billion. Investor marketing is expected to begin in the week of November 9th, and trading is anticipated to take place before Thanksgiving. This listing may represent a significant test for investors' interest in the artificial intelligence sector, due to growing concerns regarding the massive expenditures in this industry.
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Source:X
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