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Anthropic, OpenAI Rival, Prepares for November IPO; Valuation Could Hit $2 Trillion.
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News18•02-10-2026, 08:31
Anthropic, OpenAI Rival, Prepares for November IPO; Valuation Could Hit $2 Trillion.
- •Anthropic, a major AI company, is accelerating preparations for an IPO with a listing expected by mid-November.
- •The company's potential valuation is estimated between $1.8 trillion and $2 trillion, potentially making it one of the world's largest IPOs.
- •Marketing for the IPO could begin in the week of November 9, aiming to enter the market before Thanksgiving.
- •Anthropic shows rapid revenue growth but also significant losses, with a net loss of approximately $42 billion in 2025, largely due to heavy spending on AI model development and infrastructure.
- •This IPO highlights Anthropic's market strategy amidst competition from companies like OpenAI and challenges in the broader IPO market.
Key Questions Answered
Anthropic is preparing for a stock market listing as early as mid-November, with plans to potentially begin marketing its IPO to investors during the week of November 9. The company's valuation is estimated to be between $1.8 trillion and $2 trillion.
Anthropic reported rapidly growing revenue of approximately $4.6 billion in 2025, a significant increase from about $386 million in 2024. However, the company also incurred a net loss of approximately $42 billion during 2025, compared to about $8.3 billion the previous year.
While Anthropic is actively accelerating its preparations to go public with a potential November listing, its major AI sector competitor OpenAI has decided to postpone its own IPO plans for now.
