Anthropic plans November IPO with two trillion dollar valuation

Anthropic, the company behind the AI assistant Claude, plans to go public in November 2026. The share sale is expected to value the company at up to $2 trillion, which would make it the biggest stock market debut in history. The roadshow for investors will start the week of November 9, and trading should begin before November 26. Banks including Morgan Stanley and Goldman Sachs are managing the process. Anthropic hopes to raise around $100 billion from the offering. The company's yearly revenue is expected to reach between $100 billion and $120 billion by the end of 2026. The original plan was to launch about a month earlier, but the timeline was pushed back.