Business · 2026-10-26 · Afternoon briefing

Anthropic files for IPO with potential $2 trillion valuation

Anthropic, the artificial intelligence firm behind the Claude chatbot, filed paperwork on Monday for an initial public offering that could happen as soon as November. Reports suggest a valuation between $1.5 trillion and $2 trillion, which would place it among the largest public listings ever, comparable to SpaceX's $1.8 trillion valuation when it listed in June.

The company was founded just five years ago by Dario Amodei and other researchers who broke away from rival OpenAI, citing concerns that their former employer was not developing AI safely. Anthropic has since become OpenAI's biggest competitor, while OpenAI's own IPO plans have been put on hold.

Despite its safety-focused origins, Anthropic is currently in a dispute with the Pentagon over the military's use of its models. After clashes this year, the Pentagon blacklisted the company and designated it a "supply chain risk", a label previously reserved for entities affiliated with U.S. adversaries. Anthropic is now suing the Pentagon in two federal courts.

Summary written by Cup of News with AI from the sources below. Check the originals for the full story.

Read the sources

• Anthropic files for blockbuster IPO that could value AI giant at $2 trillion
• Anthropic files for Nasdaq IPO as revenue reaches $16.3 billion and valuation could approach $2 trillion
• Anthropic Just Filed for a Historic IPO, Revealing an $80 Billion Loss in the First Half of the Year
• Anthropic files for IPO, with revenue surging and potential $2 trillion valuation
• Anthropic files Nasdaq IPO under 'ANT' with potential $2T valuation

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