Anthropic targets $1.4 trillion IPO

<figure> <img alt="Anthropic logo on an orange background." data-caption="" data-portal-copyright="Image: Cath Virginia / The Verge" data-has-syndication-rights="1" src="https://platform.theverge.com/wp-content/uploads/sites/2/2026/01/STK269_ANTHROPIC_2_D.jpg?quality=90&#038;strip=all&#038;crop=0,0,100,100" /> <figcaption> </figcaption> </figure> <p class="wp-block-paragraph">Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its <a href="https://www.anthropic.com/news/roadshow-launch">IPO price</a> is expected to be between $70.00 and $78.00 per share and according to the <a href="https://www.wsj.com/finance/stocks/anthropic-prepares-to-push-ahead-with-ipo-despite-market-jitters-843dd16c"><em>Wall Street Journal</em></a>'s sources, Anthropic is "aiming for its shares to start trading Thursday or Friday next week."</p> <p class="wp-block-paragraph">As <em><a href="https://www.reuters.com/business/anthropic-ipo-raise-much-644-billion-latest-draft-prospectus-shows-2026-11-10/">Reuters</a></em> notes, the Anthropic IPO was previously expected to be valued at as much as $2 trillion. As of last week, Anthropic's rival OpenAI was <a href="https://www.theverge.com/ai-artificial-intelligence/1029380/openai-1-25-trillion-investment-valuation">valued at $1.25 trillion</a>.</p> <blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> <p class="wp-block-paragraph">The initial public offering price is expected to be between $70.00 and $78.00 per share. Anthropic has applied to list its Class A common sto …</p></blockquote> <p><a href="https://www.theverge.com/ai-artificial-intelligence/1030703/anthropic-ipo-1-4-trillion">Read the full story at The Verge.</a></p>