AI giant Anthropic files for blockbuster IPO
AI company Anthropic has filed for an initial public offering, seeking to go public in November with first-half 2026 revenue of $16.3 billion and a net loss of $80.7 billion.
The artificial intelligence company submitted its S-1 registration document on Monday morning, with expectations that pricing could occur as soon as November 19 or 20. The filing comes amid intense investor interest in the AI sector, with previous reports suggesting Anthropic could raise as much as $100 million at a valuation reaching $2 trillion.
Financial Performance
The prospectus reveals that Anthropic generated $16.3 billion in revenue during the first half of 2026, though the company reported a substantial net loss of $80.7 billion over the same period. Share count and specific price range for the offering have not yet been disclosed.
The FT reports investors expect a $1.5–1.75 trillion valuation, and Fox Business's Liz Claman says a Nov. 19 or 20 pricing remains on track.
Market Reaction
The IPO filing has already influenced markets, with chip stocks rising in premarket trading. Nvidia gained 1.4%, Broadcom increased by 1.5%, and Micron rose 2.3%. On the crypto exchange Hyperliquid, the ANTH contract spiked to approximately $1,980 around the 9 a.m. ET filing time before falling about 6% to $1,857 within minutes.
The contract was trading near $1,875 shortly after 12:05 UTC, with approximately $12 million in 24-hour volume, reflecting the market's anticipation and volatility surrounding the upcoming listing.
Related
