AI Firm Anthropic Eyes Massive $1.3 Trillion IPO on Nasdaq
AI company Anthropic is preparing for an initial public offering (IPO) with an estimated valuation of approximately $1.3 trillion. The company plans to list on the Nasdaq under the ticker symbol "ANT", aiming to raise over $61 billion by selling…
Houston, TX, November 10, 2026 — AI company Anthropic is reportedly making preparations for an initial public offering (IPO). The company is targeting an estimated valuation of approximately $1.3 trillion as it seeks to list on the Nasdaq stock exchange.
Sources indicate that Anthropic plans to trade under the ticker symbol “ANT”. The proposed offering aims to raise a substantial amount, with the company looking to secure over $61 billion. This would be achieved through the sale of shares priced between $70 and $78.
An IPO is the process by which a private company becomes a public company by selling shares of its stock to the public. This allows the company to raise capital from public investors. The valuation of a company before its IPO, such as the estimated $1.3 trillion for Anthropic, often reflects investor expectations about its future growth and profitability.
The Nasdaq is a global electronic market for the trading of securities. It is known for listing many technology and growth-oriented companies. The ticker symbol is a unique abbreviation used to identify a publicly traded stock on an exchange.
The specific details regarding the timeline and finalization of the IPO were not provided in the summary. The amount to be raised, over $61 billion, would represent one of the largest IPOs in history, contingent on the final pricing and number of shares offered.
Story summarized from the original created by Michelle Chapman, Associated Press on www.click2houston.com, see more information here.
