Anthropic is preparing for an initial public offering on the Nasdaq, with plans to debut before Thanksgiving. The company submitted a confidential filing to the SEC in June 2026. This move aims to secure additional capital and improve corporate transparency.

The AI developer, known for its Claude platform, is targeting a valuation exceeding $2 trillion. This figure represents a significant increase from the company's private valuation of $965 billion, which was recorded in May 2026.

Financial disclosures in the IPO prospectus indicate that Anthropic's revenue grew 12 times in 2025, reaching nearly $5 billion. However, the documents also reveal a loss of $42 billion and outline future spending plans totaling $518 billion.

Market participants remain cautious regarding the upcoming listing. Investors are closely watching the company's financial performance and broader market conditions, which continue to influence sentiment ahead of the official market debut.