[News] Anthropic Reportedly Eyes IPO as Early as Next Week Despite Market Turmoil, with Pricing Still in Flux
Anthropic is pressing ahead with its blockbuster IPO despite recent AI stock turbulence, even as pricing details remain uncertain. According to The Wall Street Journal, the Claude developer plans to meet prospective investors this week, eyeing a market debut as early as next Thursday or Friday.
Yet key pricing and fundraising terms remain in flux. According to Reuters, Anthropic sent bankers its IPO filing details late Monday, only to retract them shortly afterward.
The initial document outlined an offering of roughly 867 million shares priced at $70–$80 each, potentially raising up to $69.3 billion. Anthropic later flagged the pricing figures as inaccurate and said an updated filing would follow, Reuters reports.
Meanwhile, speculation is mounting over potential backing from tech heavyweights. According to Crypto Briefing, citing market chatter, Google, NVIDIA, AMD, Broadcom, Micron, Microsoft, and TSMC could collectively invest $26 billion through a private placement at the IPO price.
If realized, the strategic investment could bolster demand for Anthropic’s listing and signal confidence among prospective shareholders, despite the AI startup’s mounting losses, the report suggests.
Anthropic’s IPO Rush: Tight Timeline, Shifting Valuations
Beyond the listing plans, Ijiwei sheds light on Anthropic’s aggressive IPO timetable. The Claude developer is reportedly aiming to price and debut its shares during the week of November 16, racing to complete the offering before Thanksgiving on November 26.
The push comes amid a sharp tech stock selloff, leaving Anthropic just 10 days to wrap up its roadshow, pricing, and listing if trading begins on November 20, Ijiwei suggests. Valuation is another hurdle: earlier expectations of up to $1.5 trillion have reportedly cooled, with prospective investors now discussing a range of $1.1 trillion to $1.3 trillion, Ijiwei notes.
The urgency may also reflect the soaring cost of AI development. As Ijiwei points out, IPO proceeds could help bankroll Anthropic’s next wave of computing infrastructure and R&D investments, even as competition intensifies. In late October, the startup launched its Claude Duet AI agent to challenge OpenAI’s Dots and Meta’s Muse, alongside the public release of Claude Fable 5.
With its product rollout gathering pace ahead of the planned listing, Anthropic appears to be betting on a recovery in investor sentiment—and hoping enthusiasm for AI’s growth prospects will outweigh broader concerns over tech valuations, Ijiwei suggests.
Adding to the momentum, Anthropic unveiled two more AI models, Claude Fable 5.2 and Claude Mythos 5.2, on November 9, further expanding its lineup as the OpenAI rival gears up for its market debut, according to Reuters.
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(Photo credit: Anthropic)
