Nasdaq

Anthropic's updated prospectus shows its seven co-founders will each sell 3.3784 million shares in the IPO, cashing out roughly $250 million apiece at the $74 midpoint, for a combined $1.75 billion. The company plans to offer 825 million Class A shares on Nasdaq under the ticker ANT at a valuation of up to $1.4 trillion, while founders retain 50.1% voting control through a Founder LLC and a special Class F share.

Anthropic has launched its IPO roadshow, planning to sell up to 825 million shares at $70 to $78 each, implying a valuation of as much as $1.4 trillion and roughly $64.4 billion in proceeds. About $62.5 billion comes from 801 million new shares, with existing holders selling only 23.6 million, so nearly all cash funds the company. The range is down from earlier talk of $2 trillion amid a tech selloff and post-midterm signals of voter unease over AI data centers, yet still tops OpenAI's $1.25 trillion private valuation. Trading is expected on Nasdaq under ticker ANT as soon as next Thursday or Friday.

Anthropic launched the roadshow for its initial public offering on November 10, 2026, offering 825 million Class A shares at an expected price range of $70 to $78 per share, aiming to raise approximately $64 billion. The company has applied to list on the Nasdaq Global Select Market under the symbol ANT, marking the largest AI IPO to date and a milestone for public-market participation in frontier model companies.

Anthropic has formally launched the roadshow for its Class A common stock IPO, offering 825 million shares at an expected price range of $70 to $78, implying a raise of up to roughly $64 billion, with a planned Nasdaq Global Select Market listing under the ticker ANT. It marks the first time a leading frontier model developer enters public markets, setting a key valuation benchmark for the AI sector.