Anthropic Reportedly Selects Nasdaq for Planned IPO Aiming at $2 Trillion Valuation
Media reports indicate that AI startup Anthropic has selected the Nasdaq exchange for its planned initial public offering (IPO) in late 2026, aiming for a record target valuation of approximately $2 trillion. If executed at this targeted valuation, the listing would become the largest IPO in history, demonstrating the massive capital requirements and speculative commercial expectations surrounding leading frontier AI developers. Anthropic has reportedly filed a confidential S-1 draft registration with the U.S. SEC, aiming to launch roadshows in October 2026 with major investment banks including Goldman Sachs, JPMorgan Chase, and Morgan Stanley as lead underwriters.
## BACKGROUND
Anthropic was founded in 2021 by former OpenAI researchers, including siblings Dario and Daniela Amodei, with a focus on building reliable, steerable, and safe AI models such as Claude. An initial public offering (IPO) is the financial process through which a private corporation offers its shares to the public on a stock exchange to raise capital.