Anthropic to raise $64bn in major stock market listing

ByDearbail Jordan Business reporter. 10 November 2026, 12: 47 GMT.

Key points

• Although sizeable, is below the $2 trillion some analysts had predicted weeks ago, this would value Anthropic at between $1.1 trillion and $1.3 trillion which.
• The loss-making firm stated it will offer its shares for between $70 and $78 each in its initial public offering (IPO).
• There are additionally wider fears over the billions of dollars being spent on AI and whether it will pay off.
• It is floating at a volatile time for AI firms.

Anthropic, the AI firm behind the Claude chatbot, is planning to raise up to $64bn (£48bn) when it lists its shares for sale on New York's Nasdaq stock exchange.

Meanwhile, the loss-making firm stated it will offer its shares for between $70 and $78 each in its initial public offering (IPO). It is projected to go ahead this month.

It is floating at a volatile time for AI firms. After last week's US midterm elections, the Nasdaq fell sharply on reservations a Democrat-led Congress could slow development of AI and the buildout of data centres.

Fiona Cincotta, a senior market analyst at City Index, remarked the amount Anthropic wants to raise is "fairly bullish" within "the volatility concerns towards AI that we've seen in sort of particularly last week".

She informed Reuters: "It's showing that they are still sort of upbeat about the outlook as far as AI is concerned and that obviously that they think that the demand is going to be there."

For now, anthropic to raise $64bn in major stock market listing remains the part of the story worth watching, and further updates are likely as more details are confirmed.