Anthropic files S-1 for Nasdaq IPO at up to $2T valuation

Anthropic filed an S-1 on Oct. 26 to list on Nasdaq under "ANT," targeting a $1.5T-$2T valuation and raising up to about $100 billion. Q3 2026 revenue hit $16.8 billion, up about 45% quarter over quarter, but risks include a rich valuation, large net losses, over $600 billion in long-term compute contracts, and customer and cloud concentration.

• OpenAI cuts funding target by $10B; valuation falls to $1.25T2026-10-31
• OpenAI's Astra becomes main target for Chinese AI labs after Anthropic tightens defenses2026-10-29
• Anthropic, OpenAI and Musk unveil plans to return wealth to society2026-10-26
• ChatGPT closes in on Claude in S.Korea after GPT-6 Astra launch2026-10-26
• AI companies sketch plans to share wealth ahead of massive IPOs2026-10-20