Anthropic IPO Could Raise $100 Billion as Valuation Remains Undisclosed

Anthropic’s planned initial public offering could raise $100 billion or more, while the company has yet to disclose its target valuation or the number of shares it plans to sell.

People familiar with the plans estimate Anthropic could seek a valuation of $1.5 trillion to $2 trillion, while the sale could raise $100 billion or more. The potential fundraising figure is not a finalized offering amount. The company also has not disclosed how many shares it plans to sell, leaving the planned share count among the missing IPO terms.

Anthropic may disclose its valuation target and share count in an updated IPO filing in about two weeks. The update is expected after the company gathers investor feedback, making that review the next step before the filing is revised.

People familiar with the plans expect the listing during the week of Nov. 16, but the schedule could change. A specific listing date was not provided, leaving the valuation target and share count open as that window approaches.