AI firm Anthropic plans IPO in November before Thanksgiving
Anthropic, the developer of the AI model Claude, is planning to go public on the stock exchange in November, according to sources cited by Bloomberg. The company is expected to formally start marketing its shares to investors starting November 9th, with trading potentially commencing before Thanksgiving (November 26) and the extended holiday weekend. This move comes as competitor OpenAI has postponed its own IPO, with CEO Sam Altman indicating it would not happen in 2026. Anthropic aims for a valuation of up to $2 trillion (€1.78 trillion). CEO Dario Amodei has emphasized the need for stronger controls on AI development due to risks of autonomous hacking, while President Trump has advocated for self-regulation.
- •Anthropic plans IPO in November, aiming for valuation up to $2 trillion.
- •Investor marketing for the IPO is set to begin November 9.
- •Trading of Anthropic shares could begin before Thanksgiving on November 26.
