Anthropic targets November for IPO, pushing back from October

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Anthropic, the company behind the Claude AI model family, has pushed back its IPO from October to November 2026. The firm wants to present prospective investors with a full quarter of financial results before the roadshow begins. Its annualized revenue run rate surpassed $65 billion as of July 2026, with internal projections between $100 billion and $110 billion by year-end. The IPO could value the company at roughly $2 trillion and raise approximately $100 billion, potentially making it one of the largest in history. Morgan Stanley, Goldman Sachs, JPMorgan, and Citi are set to lead the underwriting.

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