Anthropic is scheduling meetings with investors in the coming weeks to prepare for a potential large-scale initial public offering (IPO) as soon as October 2026, according to multiple sources [1, 2, 3, 4, 5, 6, 7]. The company confidentially filed its IPO prospectus with the US Securities and Exchange Commission in June 2026 [4, 7].
Founded in 2021 by former OpenAI executives and researchers who departed over concerns about OpenAI's direction, Anthropic has grown quickly and achieved a valuation of $96.5 billion in its May 2026 funding round, surpassing OpenAI’s latest valuation [2, 3, 4, 5, 6, 7]. Anthropic offers AI products including the Claude chatbot and Claude Code, which have gained strong adoption among enterprise customers [4, 7].
Goldman Sachs, Morgan Stanley, and JPMorgan Chase serve as the joint lead underwriters for Anthropic’s anticipated IPO [4, 5, 7]. A source said, "Bankers leading the offering are scheduling meetings between prospective investors and executives of the artificial intelligence firm behind the popular Claude models" [4]. The company is also negotiating with banks to secure several billion dollars in credit lines before the IPO, building on a previous $2.5 billion revolving credit facility [8].
Anthropic began scheduling investor meetings mid-July 2026 as part of its IPO preparations [2, 3, 4, 5, 6, 7]. The timing of the IPO could change but is targeted for October 2026 [1, 2, 3, 4, 5, 6, 7]. Meanwhile, OpenAI has also confidentially filed for an IPO but is expected to delay its listing to 2027, trailing Anthropic’s timeline [4, 6, 7]. Some sources say OpenAI was previously targeting autumn 2026, but recent reports show a delay to 2027 [2, 5, 6, 7].
Anthropic’s next major public milestone will be the IPO launch, potentially on the US public markets as early as October 2026 [1, 2, 3, 4, 5, 6, 7].