Anthropic targets October IPO amid competition with OpenAI

https://pitchbook.com/profiles/company/466959-97 Anthropic, known for its AI product Claude, is reportedly targeting an IPO as late as October, according to recent reports. The company has already confidentially filed with the SEC, positioning itself in the pipeline for a public listing. This development comes amid an ongoing competition with OpenAI, as both companies aim to be among the first major AI firms to debut in the public markets. The potential IPO is significant, given Anthropic’s recent valuation of $965 billion, following a substantial $65 billion financing round. Key Takeaways Market activity suggests increased optimism about Anthropic’s IPO occurring by October 2026, with pricing indicating a 61% likelihood. There is notable movement in the market for a December 31, 2026, IPO, with a current probability of 80.5% YES, reflecting strong confidence in a year-end listing. Anthropic’s strategic investors and confidential SEC filing are contributing to heightened expectations surrounding its public debut. What to Watch Market observers are watching for further developments from Anthropic, such as formal announcements of IPO roadshow dates or additional amendments to its S-1...