Anthropic plans to raise up to 64 billion dollars in stock market listing

Artificial intelligence company Anthropic plans to raise up to 64 billion dollars, or 48 billion pounds, through an initial public offering on the Nasdaq stock exchange in New York. The BBC reported that the firm expects to float its shares later this month. [1]

According to the BBC, the loss-making company will offer its shares at between 70 and 78 dollars each. The listing would value Anthropic at between 1.1 trillion and 1.3 trillion dollars, which is lower than the 2 trillion dollars that some analysts had predicted in recent weeks. [1]

Anthropic was founded in January 2021 by former members of OpenAI, including siblings Daniela Amodei and Dario Amodei, who serve as president and chief executive officer respectively. The San Francisco based public benefit corporation produces the Claude series of large language models and introduced a training method called Constitutional AI in 2022. [2][3]

As FTMQ News reported earlier, Anthropic disclosed revenues of 16.3 billion dollars and losses exceeding 80.7 billion dollars for the first half of the year. The company was previously valued at 965 billion dollars in a May 2026 funding round. [2][4]

The planned share sale comes during a volatile period for technology markets. The BBC reported that the Nasdaq index fell sharply following US midterm elections due to concerns that a Democrat-led Congress might slow down artificial intelligence development and data centre construction. [1]