Anthropic eyes mid-November IPO, targets up to $2 trillion valuation: Report

Both companies have also faced increased scrutiny over AI safety following a series of high-profile incidents involving rogue AI agents.Anthropic CEO Dario Amodei recently argued in an essay that the pace of advances in AI models needs to slow.

OpenAI CEO Sam Altman, meanwhile, has said it would be ill-advised for the company to go public at present, Bloomberg reported.Valuation in sightDespite uncertainty about timing, prospective investors are considering a valuation of about $1.8 trillion to $2 trillion for Anthropic, according to people familiar with the matter.

The company is also expected to target an IPO size comparable to or larger than SpaceX's, Bloomberg has reported.Anthropic recorded a net loss of nearly $42 billion in 2025, up about fivefold from $8.3 billion a year earlier, Bloomberg reported in August.

Revenue rose sharply to about $4.6 billion from $386 million in 2024.However, its operating loss widened to more than $8 billion.

More than $34 billion of the net loss was attributed to changes in the fair value of Anthropic's liabilities, according to documents seen by Bloomberg.The potential listing would come against a challenging backdrop for new stock offerings.

Several companies have delayed their IPO plans this year, while recently listed stocks have struggled to match broader market gains.Anthropic has yet to comment on the matter.