Anthropic, the developer of the Claude AI system, is preparing for a major initial public offering. The company aims to complete the listing process before the Thanksgiving holiday.

The organization previously submitted a confidential S-1 filing earlier this year. To support its financial position ahead of the public debut, Anthropic is currently pursuing a revolving credit facility worth $15 billion.

Market reports suggest that the company could begin marketing efforts as early as mid-October. Investors are now monitoring for official announcements regarding the timeline and pricing of the offering.

The success of the IPO remains subject to market conditions and future financial disclosures. Key indicators of progress will include the SEC declaring the S-1 form effective and the scheduling of investor roadshows.