Anthropic files for IPO, plans Nasdaq listing under ticker ANT

Anthropic, the bogus intelligence firm behind Claude, has filed a registration assertion with the United States Securities and Exchange Commission (SEC) for a proposed preliminary public providing (IPO), marking a significant step in the direction of turning into a publicly traded firm.

The firm introduced on October 26, 2026, that it intends to checklist its Class A typical inventory on the Nasdaq Global Select Market under the ticker image ANT.

The IPO stays topic to the SEC registration course of, and the corporate’s securities can’t be bought earlier than the registration assertion turns into efficient.

Proposed providing leaves key phrases undecided

Anthropic’s registration assertion outlines its intention to checklist on Nasdaq under the ticker ANT, however the firm has but to reveal the variety of shares it intends to supply or the proposed value vary.

• The providing will embody shares bought by Anthropic and present shareholders. Proceeds from shares bought by present shareholders will go to these shareholders moderately than to the corporate.
• Goldman Sachs and Morgan Stanley are main the proposed providing, in keeping with the submitting, which names 22 banks as underwriters.
• The Associated Press reported that the IPO might increase as a lot as $100 billion and worth Anthropic at between $1.5 trillion and $2 trillion. These stay estimates moderately than confirmed providing phrases.

The remaining quantity Anthropic raises will depend upon the variety of shares supplied, the value at which they’re bought and the proportion of shares bought by the corporate and present shareholders.

Anthropic’s submitting reveals speedy income progress and a big internet loss

The registration assertion offers buyers with a extra detailed view of Anthropic’s monetary efficiency, operations and dangers because it prepares to enter the general public markets.

• Anthropic reported $16.3 billion in income for the primary half of 2026, in contrast with $1.2 billion within the corresponding interval of 2025. However, it recorded a internet lack of $80.7 billion through the six months, in contrast with a $13 billion loss a 12 months earlier.
• About $72.4 billion of the first-half 2026 loss arose from adjustments within the truthful worth of convertible notes, by-product liabilities and different financing-related devices, in keeping with reporting on the submitting.
• The changes largely mirrored a rise within the estimated worth of devices that would convert into Anthropic shares, moderately than equal money bills incurred in working the enterprise.

The firm additionally reported an working lack of $693 million for the primary half of 2026. This measure differs from the headline internet loss, which was closely affected by adjustments within the truthful worth of financing devices.

Computing prices add to monetary commitments

Anthropic’s growth requires substantial funding in computing infrastructure and the capability wanted to coach and function its AI fashions.

The firm spent almost $9 billion on computing capability and infrastructure within the first half of 2026, in contrast with $2.3 billion within the corresponding interval of 2025, in keeping with Reuters’ reporting on the prospectus.

Anthropic additionally expects to spend no less than $265.6 billion on cloud computing, computing capability and infrastructure within the coming years, in keeping with reporting on its public S-1 submitting.

Other high-profile listings

Anthropic’s proposed IPO comes as know-how firms pursue completely different routes to boost capital, from non-public funding rounds to public listings.

While Anthropic is transferring in the direction of a public listing, its AI rival OpenAI is pursuing non-public funding as an alternative. In September 2026, Nairametrics reported that OpenAI was searching for $30 billion in contemporary funding at a $1.4 trillion valuation, because it delayed its IPO plans to safe extra capital for growth.

However, getting ready for a listing is simply a part of the method, as post-IPO efficiency may also have an effect on investor returns. In July 2026, Nairametrics reported that SpaceX shares fell under their $135 IPO value, lower than two months after its market debut.