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Anthropic Sets IPO Terms That Could Value the AI Company Above $1 Trillion
Reports differ on the final number, but the listing would rank among the largest ever.
Filed November 10, 2026 · 📍 San Francisco, CA 94102
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Key points
- Anthropic plans to sell 825 million shares at $70 to $78
- Valuation reported at up to about $1.4 trillion; Fox Business reports about $1.02 trillion
- IPO expected later this month
Anthropic, the artificial intelligence company behind the Claude chatbot, plans to sell 825 million shares at $70 to $78 apiece in its initial public offering, according to a filing reported by The Hill and France 24 [1][2].
Most reports put the target valuation at up to about $1.4 trillion [1][2][3]. Fox Business, however, reported a figure of around $1.02 trillion, well short of the $1.5 trillion previously discussed, as Wall Street reassesses the cost of AI [4].
The New York Times reports the pricing would make it one of the biggest public listings in history, arriving at a volatile moment as investors question whether the AI boom can last [3]. The Hill reports the offering is expected later this month [1].
If it goes forward, Anthropic would be the first frontier AI lab to trade publicly, according to Bloomberg [5].
Disclosure: Liberty Bell Report's newsroom uses AI tools, including Anthropic's Claude.
Sources
Do you trust AI chatbots to give straight answers on politics?
- Yes
- Sometimes
- No, they lean left
- I don't use them
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