Anthropic IPO Timetable Shifts Toward Mid-October, Sources Say

Anthropic’s planned initial public offering is moving later, with the artificial intelligence company now expected to begin marketing the deal in mid-October at the earliest.

People familiar with the plans said the company had previously been expected to release its IPO prospectus as early as September. The filing is now expected toward the end of that month. The revised schedule could allow Anthropic to complete the flotation shortly before the U.S. midterm elections in November.

The listing has attracted close attention because it could become one of the largest stock-market debuts on record. Some investors have said Anthropic could be valued at as much as $2 trillion, although the eventual valuation will depend on market conditions and investor demand.

As it prepares for the offering, Anthropic is also seeking to finalize a revolving credit facility worth about $15 billion. IPO schedules often change because of regulatory reviews, financing arrangements and market conditions. People familiar with the plans cautioned that the timetable could shift again. Anthropic declined to comment.