Anthropic Targets Pre-Thanksgiving IPO at $2 Trillion Valuation

Anthropic aims to start the formal marketing for its initial public offering as soon as the week of Nov. 9 and begin trading before the Thanksgiving holiday, Nov. 26, Bloomberg reported Thursday (Oct. 1), citing unnamed sources. The company is still considering its plans for the IPO, and the timing could change, the report said. Prospective investors believe Anthropic could be valued at between $1.8 trillion and $2 trillion in the IPO, per the report. Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

First reported by PYMNTS.com. This page is a short excerpt; the full text is theirs.