Anthropic Files for Massive IPO Targeting $1.4 Trillion Valuation
Anthropic, the developer of the Claude AI model, has filed updated IPO paperwork to offer 825 million shares priced between $70 and $78. At the high end of this range, the offering would raise approximately $64.35 billion, potentially making it the largest IPO in history with a fully diluted valuation of up to $1.405 trillion. The company's growth is driven by massive enterprise adoption, particularly through its Claude Code agent. Anthropic reported $33.2 billion in revenue for the first nine months of 2026, representing a 1,206% year-over-year increase. While quarter-over-quarter growth slowed to 47% in Q3 from 144% in Q2, the company maintains an annualized revenue run rate of $81 billion as of late October.