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Anthropic plans IPO for mid-November with $2T valuation
Anthropic, a company specializing in AI models, is preparing for an initial public offering (IPO) in mid-November with a valuation of $2 trillion, despite previous delays and increasing competition from OpenAI. The company aims to begin trading before Thanksgiving on November 26 and seeks to achieve an offering size that surpasses the anticipated record set by SpaceX's IPO. Despite net losses reaching $42 billion in 2025, its revenues increased to $4.6 billion due to rising valuations, with estimates suggesting the company's fair valuation will be between $1.8 and $2 trillion.
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