Anthropic targets $1.4 trillion IPO

November 10, 2026 Stevie Bonifield

Anthropic logo on an orange background.

Anthropic confirmed on Tuesday that its IPO could be one of the biggest ever, even while falling short of previous expectations. Its IPO price is expected to be between $70.00 and $78.00 per share, which would put its valuation as high as $1.4 trillion, according to the New York Times. The Wall Street Journal reports that according to its sources, Anthropic is "aiming for its shares to start trading Thursday or Friday next week."

As Reuters notes, the Anthropic IPO was previously expected to be valued at as much as $2 trillion. As of last week, Anthropic's rival OpenAI was valued at $1.25 trillion.

The initial public offering price is exp …

Read the full story at The Verge.

Previous Article
GTA VI will be available on Xbox Cloud Gaming for Xbox One consoles
GTA VI will be available on Xbox Cloud Gaming for Xbox One consoles

Rockstar Games is making Grand Theft Auto VI available on Xbox Cloud Gaming when it launches next week. Whi...

Next Article
Photoshop, Lightroom, and Premiere are making it easier to remove things
Photoshop, Lightroom, and Premiere are making it easier to remove things

Adobe is expanding its Creative Cloud apps and Firefly AI platform with new capabilities that aim to make d...