Anthropics monster IPO is coming. Heres what to know

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Set us as preferred Anthropic, creator of the Claude artificial intelligence model, filed its long-awaited paperwork for a historic public offering that could shape the future of the AI boom.The company’s filing Monday revealed that it will trade under the symbol “ANT” on the Nasdaq Global Select Market.Although its expected valuation of $1.5 and $2 trillion wasn’t part of the filing, analyst project it could make it one of the largest listings in history.“The advent of machine intelligence is one of the seminal moments in human history,” Dario Amodei and six other co-founders wrote in the filing.

“Our aim is to help humankind to chart a safe course through its technological evolution, open new frontiers of discovery, and bring forth an age of miracles.”Anthropic described its AI’s potential to accelerate scientific discovery and create economic growth.It cautioned that there is a risk it could be used for terrorism and hacking and lead to shifts in power and wealth that could “destabilize the geopolitical order.”The company is expected to list sometime in November.

Here are some details on what its ambitious plans say about the AI race.How is Anthropic’s business doing? Anthropic’s revenue exploded to $16.3 billion in the first half of the year, up from $1.2 billion for the same period last year.

Though this represented a jaw-dropping 1,300% growth, the firm cautioned that it does not expect its revenue to grow at comparable rates in the future.It recorded a net loss of $80 billion in the first six months of 2026, compared with a net loss of about $13 billion during the same period in 2025.

The company plans to raise more than $100 billion through the public listing, money it will use to continue building data centers, recruiting talent and training its models.“Their models are only getting b...