Anthropic reportedly plans to move forward with IPO plans

In Brief Posted: 5:27 PM PST · November 9, 2026 Marina Temkin Anthropic reportedly plans to move forward with IPO plans Launching a major tech IPO would seem risky right now, shortly after one of Nasdaq’s biggest sell-offs and amid revelations that a CEO central to the AI boom had an affair with a suspected Chinese spy. But that isn’t deterring Anthropic, which is moving ahead with its listing plans, according to The Wall Street Journal . Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday of next week, the Journal reported. Investors will look to Anthropic’s valuation to gauge the strength of the AI boom. Some institutional investors are now pushing for a valuation below the $1.5 trillion target discussed as recently as last week, a figure that was itself considerably below the $2 trillion floated a few months ago, the report said. OpenAI, Anthropic’s main rival, was reportedly valued at $1.25 trillion last week after the ChatGPT maker raised $11 billion in fresh capital, short of the $20 billion it had initially sought. Topics AI , Anthropic , In Brief , IPO , valuation 2027 San Francisco Get an Early Peek at the Next TechCrunch Disrupt Disrupt, Startup Battlefield, and more will return next year, and you can be at the front of the line. Sign up for our waitlist Register Now Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related AI Anthropic releases new Mythos and Fable models amid RSI concerns Russell Brandom 7 hours ago Climate Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines Tim De Chant 10 hours ago AI Medium’s new TK app brings AI assistance directly into the writing process Sarah Perez 11 hours ago Latest in AI In Brief Anthropic reportedly plans to move forward with IPO plans Marina Temkin 1 hour ago In Brief Jensen Huang reportedly engaged a PR firm with a history of handling high-profile sex scandals a year ago Marina Temkin 3 hours ago AI A short seller flagged Nvidia CEO’s ties to a suspected Chinese spy six months before the scandal Sarah Perez 4 hours ago