Anthropic IPO targets $1T

Anthropic is seeking a valuation of up to $1.02 trillion in an IPO that could raise $64.4 billion, alongside a separate $26 billion private placement involving major technology companies. Its filing reported revenue of $33.2 billion in the first nine months of 2026, but also a $1.3 billion operating loss, as investors weigh rapid growth against the high costs of AI infrastructure and competition from OpenAI and others. The company plans to list on the Nasdaq under the ticker ANT, though no trading date has been announced.

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