Anthropic Reportedly Targets IPO Launch by Mid-November

Anthropic is reportedly preparing to launch its IPO process as early as mid-November, with roadshows potentially beginning the week of November 9. The company aims to commence trading before Thanksgiving on November 26 and complete the listing by the end of the year. While some estimates value the company between $1.8 trillion and $2 trillion, financial reports indicate 2025 revenue of approximately $4.6 billion against a net loss of nearly $42 billion, which includes significant fair value adjustments on liabilities.