Key points
- Anthropic targets a $1.25-1.75 trillion valuation for its pre-Thanksgiving public listing.
- The company aims to raise between $80 billion and $100 billion in the offering.
- Annualized revenue stands at approximately $81 billion, up from $65 billion in July.
The Decoder reported that Anthropic is proceeding with an initial public offering despite a broader technology market downturn.reported The firm accepts a valuation range of $1.25 trillion to $1.75 trillion, which is significantly lower than the $2 trillion target some investors had anticipated.reportedAnthropic is going public soon but at a lower price than expected because the stock market is shaky. This adjustment reflects current market conditions and recent financial performance metrics.
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
The facts
The company seeks to raise between $80 billion and $100 billion through this transaction.reported This proposed valuation exceeds its current estimated worth of $965 billion but falls short of the highest optimistic projections made by earlier backers.reported
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
The facts
OpenAI cut its valuation goal from $1.4 trillion to $1.25 trillion.reported Furthermore, OpenAI recently secured only about one-third of the $30 billion it originally sought in its latest funding round.reported These parallel adjustments suggest a broader recalibration of artificial intelligence company valuations across the industry.
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
The bottom line for teams
The tech selloff was triggered by rising borrowing costs and heavy artificial intelligence spending plans. Political factors also influenced market sentiment, with Democrats winning US midterms after promising to slow data centre construction. The Nasdaq 100 dropped 6.4 percent on Thursday before recovering somewhat on Friday, creating a volatile environment for public listings.reported
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
What the paper shows
The report documents a shift in capital expectations for major AI developers. It highlights that Anthropic’s annualized reported revenue is now approximately $81 billion, an increase from roughly $65 billion at the end of July.reported
Evidence: reported
Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuationaifleet-decoder
Why it matters
- Anthropic proceeds with its IPO at a reduced $1.25–1.75 trillion valuation, falling short of the hoped-for $2 trillion.
- The company aims to raise $80–100 billion before Thanksgiving despite a tech selloff triggered by rising borrowing costs and political concerns.
- OpenAI similarly cut its valuation target from $1.4 trillion to $1.25 trillion and secured only a fraction of its sought funding.
- Anthropic’s annualized reported revenue has increased to about $81 billion, up from roughly $65 billion at the end of July.
Topics: Anthropic, IPO, valuation, AI funding, market trends
Updated
Then / now / next
Optimistic investors hoped for a $2 trillion valuation for Anthropic.
The company accepts a $1.25-1.75 trillion range due to market selloffs.
Watch for the actual IPO filing and final pricing closer to Thanksgiving.
Story timeline
- Then Optimistic investors hoped for a $2 trillion valuation for Anthropic.
- 07 Nov 2026 Anthropic pushes ahead with pre-Thanksgiving IPO despite tech selloff, accepts lower valuation
- Now The company accepts a $1.25-1.75 trillion range due to market selloffs.
- Next Watch for the actual IPO filing and final pricing closer to Thanksgiving.
The strongest doubt
Counterpoint from the sources
The Nasdaq 100 recovered somewhat on Friday, suggesting the market downturn may be temporary.
Numbers in context
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Your choice stays on this device. No public tally.Questions readers ask
What is Anthropic's current valuation target for its IPO?
Anthropic is targeting a valuation between $1.25 trillion and $1.75 trillion for its initial public offering.
How much revenue is Anthropic currently generating on an annualized basis?
The company reports annualized revenue of approximately $81 billion, up from $65 billion in July.
Did OpenAI also lower its valuation targets recently?
Yes, OpenAI reduced its funding-round target from $1.4 trillion to $1.25 trillion.
Connected stories
Reading receipt
- Anthropic targets a $1.25-1.75 trillion valuation for its pre-Thanksgiving public listing.
- The company aims to raise between $80 billion and $100 billion in the offering.
- Annualized revenue stands at approximately $81 billion, up from $65 billion in July.
Still open: Will the final IPO price fall at the lower or upper end of the $1.25-1.75T range?
Still open: How will political measures to slow data centre construction impact long-term growth?