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Anthropic pushes for IPO before Thanksgiving and accepts a lower valuation

6 reports2 discussions8 story updatesUpdated Nov 8 15:51

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According to the Financial Times, Anthropic is pushing ahead with an IPO, planning to list before Thanksgiving in the United States, seeking to raise $80 billion to $100 billion, with a target valuation of $1.25 trillion to $1.75 trillion. This valuation range is lower than the $2 trillion some investors had previously hoped for, but higher than its valuation of $965 billion in its most recent funding round. JPMorgan plans to hold an information session for potential investors on November 13, and the final valuation, the size of the fundraising and the timing of the listing remain undetermined. Subsequent reports said Anthropic is still pushing ahead with an IPO before Thanksgiving and is prepared to accept a valuation below optimistic expectations, with several investors saying its valuation could be set at $1.3 trillion to $1.5 trillion, lower than the doubled level expected a month earlier.

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Report: Anthropic Plans to List Before Thanksgiving, Seeking to Raise Up to $100 Billion

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1 confirmed developments

  1. Anthropic pushes ahead with pre-Thanksgiving IPO and accepts a lower valuation

    Source:Phoenix Technology

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Nov 8

  1. cnBeta

    Report: Anthropic Plans to List Before Thanksgiving, Seeking to Raise Up to $100 Billion

    The Financial Times, citing multiple Anthropic investors, reported that Anthropic plans to push ahead with a listing before Thanksgiving on November 26, seeking to raise up to $100 billion, with a valuation range below the $2 trillion some investors had previously hoped for but above the $965 billion of its most recent funding round. JPMorgan plans to hold an information session for potential investors on November 13; the final IPO valuation, the size of the fundraising and the listing date remain undetermined. Financial data shows that Anthropic's third-quarter revenue was about $17 billion, up nearly 50% quarter over quarter, a slower pace of growth; it previously disclosed annualized revenue of about $81 billion.

  2. East Money

    Anthropic Pushes Ahead with IPO, Valuation Expectations Lowered to $1.25 Trillion to $1.75 Trillion

    After a sharp selloff in U.S. tech stocks, Anthropic still plans to push ahead with its IPO before the Thanksgiving holiday in November, expecting to raise $80 billion to $100 billion at a valuation of $1.25 trillion to $1.75 trillion, lower than the doubled valuation investors expected a month ago. Anthropic is currently valued at $965 billion and is preparing to launch a retail-facing product in the UK, with the fintech platform RetailBook coordinating the UK retail offering. In the same period, OpenAI lowered its target valuation from $1.4 trillion to $1.25 trillion and reduced its fundraising size from $30 billion to $20 billion.

  3. East MoneyRelated discussion

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    This post contributes to heat; it is not a formal report or confirmed fact.

  4. English text is being prepared.Selected

    Reportedly Anthropic Still Pushing for Pre-Thanksgiving IPO, to Raise Up to $100 Billion

    According to a Financial Times report, Anthropic still plans to IPO before Thanksgiving, expecting to raise $80 billion to $100 billion at a target valuation of $1.25 trillion to $1.75 trillion, and is prepared to accept a valuation below optimistic expectations. Multiple investors said its valuation may be set at $1.3 trillion to $1.5 trillion, lower than the doubled level projected a month ago. In the same period, OpenAI cut its private financing valuation from $1.4 trillion to $1.25 trillion, and reduced its financing size from $30 billion to $20 billion.

  5. IT Home · AIRelated discussion

    IT Home · AI joined this discussion

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  6. Phoenix Technology

    Anthropic plans to proceed with IPO at a valuation range of $1.25 trillion to $1.75 trillion

    According to the Financial Times, Anthropic is prepared to accept an IPO valuation range of $1.25 trillion to $1.75 trillion, lower than investors' previous expectation of $2 trillion, but it still plans to complete the listing before Thanksgiving. Its prospectus shows total contractual obligations of approximately $895.4 billion, almost all related to computing power and infrastructure, with about $69.8 billion due in the next 12 months. At the current pace, the stock, ticker ANT, could list on Nasdaq as early as the week of November 16.

  7. Phoenix Technology

    Report: Anthropic Plans to Go Public Before Thanksgiving, Seeking to Raise Up to $100 Billion

    According to a Financial Times report, Anthropic is moving forward with an IPO, planning to list before Thanksgiving in the United States, seeking to raise $80 billion to $100 billion, with a target valuation of $1.25 trillion to $1.75 trillion. This valuation range is lower than the $2 trillion some investors had previously hoped for, but higher than its $965 billion valuation in its most recent funding round. JPMorgan plans to hold an information session for potential investors on November 13, and the final valuation, fundraising size, and listing date remain undetermined.

  8. The DecoderSelected

    Anthropic plans to launch an IPO before Thanksgiving, aiming to raise $80–100 billion

    Anthropic plans to launch an IPO before Thanksgiving, aiming to raise $80–100 billion, with a valuation range of $1.25–1.75 trillion, below the $2 trillion some investors had hoped for. According to investors cited by the Financial Times, its annualized revenue has risen from about $65 billion at the end of July to about $81 billion. This week's tech stock selloff was triggered by rising borrowing costs and AI spending plans, with the Nasdaq 100 falling 6.4% on Thursday; OpenAI also lowered its fundraising target from $1.4 trillion to $1.25 trillion.

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