Anthropic Files for IPO Targeting Valuation Between $1.5 Trillion and $2 Trillion
Anthropic formally filed a prospectus with U.S. regulators on October 27, 2026, for a potential Nasdaq listing in November. The company reported $16.3 billion in revenue for the first half of 2026, a 14-fold increase year-over-year.
Anthropic filed a prospectus with U.S. regulators on October 27, 2026, initiating what could be one of the largest initial public offerings in history, with the company targeting a valuation between $1.5 trillion and $2 trillion.
The AI safety company reported $16.3 billion in revenue for the first half of 2026, representing a 14-fold increase compared to the same period a year earlier. The filing is for a potential Nasdaq listing in November.
Anthropic was founded in 2021 by former OpenAI researchers, including Dario Amodei and Daniela Amodei. The company has positioned itself as a safety-focused AI lab and is the maker of the Claude family of AI models.
The company has raised billions of dollars from investors including Google and Amazon, which have also integrated Claude into their cloud platforms. That distribution has been a key driver of the revenue growth reflected in the IPO filing.
The filing comes as the broader AI industry is seeing intense investor interest. OpenAI was separately reported to be seeking a $30 billion funding round at a $1.25 trillion valuation, and several other AI companies have been exploring public market options.
Anthropic's IPO would give public investors direct exposure to one of the leading AI labs for the first time. The company has previously been valued at around $61 billion in private funding rounds, making the new target valuation a significant step up.