Anthropic, the developer of Claude AI models, has confidentially filed for an initial public offering. The company is reportedly targeting a valuation of $2 trillion for the upcoming listing on the Nasdaq exchange.

This move follows a Series H funding round earlier this year, which brought in $65 billion. Despite the high target, some market participants remain cautious, predicting a lower market capitalization upon the IPO's close.

Investors are currently monitoring potential disclosures regarding share counts and pricing. Future updates from the U.S. Securities and Exchange Commission and strategic decisions by key investors are expected to influence final market sentiment.

Reports suggest that major financial institutions, including Goldman Sachs and Bank of America, are competing for wealth management roles related to the offering. There are also indications that Nvidia is in discussions to participate in the IPO.