Anthropic, the developer behind the Claude AI model family, is preparing to file for an initial public offering as soon as this Friday. The company previously submitted a confidential draft of Form S-1 to the U.S. Securities and Exchange Commission in June. This filing marks a formal step toward a public listing, though it does not confirm a final date for the IPO.

Recent reports indicate that the company's latest private valuation reached $965 billion. Market speculation suggests that the valuation could climb as high as $2 trillion upon entering the public market. Investors are now awaiting the official S-1 disclosure, which will detail the company's financial performance and operational risks.

The upcoming filing will provide clarity on Anthropic's business health, including recent reports of $16 billion in revenue and a $81 billion loss during the first half of 2026. Market participants will monitor feedback from the SEC and comments from underwriters to gauge the timeline and potential impact of the IPO on the broader artificial intelligence sector.