Anthropic targets IPO in November with $2T valuation

Anthropic, a company specializing in artificial intelligence models, is preparing to go public in mid-November after previous delays, aiming to begin trading before Thanksgiving on November 26th. The company anticipates a valuation between $1.8 trillion and $2 trillion, despite net losses reaching $42 billion in 2025, compared to $8.3 billion in 2024. Revenue is projected at $4.6 billion in 2025, up from $386 million previously. Anthropic is competing with companies like OpenAI and is under scrutiny over the safety of its systems, aiming for a listing size that surpasses that of SpaceX.

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