Anthropic, the AI powerhouse behind the Claude model, is ramping up its IPO plans. Sources say the company could go public as early as November 2026, though details on the listing venue and exact deal terms are still under wraps.

Timeline and IPO Prep Status

Anthropic is moving fast to get ready for its public debut, eyeing a potential November window. The date isn’t set in stone yet, and the final structure and terms of the offering haven’t been announced.

Revenue Growth on Track

The company expects its annualized revenue run-rate to top $100 billion by the end of the year—a huge jump from the roughly $65 billion reported in July. Anthropic hasn’t disclosed exactly how it calculates this figure or broken down its revenue streams.

Potential Valuation

If Anthropic hits the public markets, insiders are talking about a valuation that could reach up to $2 trillion. That number is still preliminary and will depend on market conditions and final IPO terms.

Anthropic continues to expand its Claude product line and scale its business model as demand for generative AI services keeps heating up. So far, the company hasn’t released an official prospectus or additional IPO details.