Artificial intelligence developer Anthropic has filed with the U.S. Securities and Exchange Commission to sell 825 million Class A common shares at a targeted price between $70.00 and $78.00, aiming to raise 64 billion dollars in an upcoming public offering, according to skynewsarabia.com.
Anthropic Targets Valuation at 1.4 Trillion Dollars
- Anthropic targets a total market capitalization of up to 1.4 trillion dollars in its upcoming public float, down from initial Wall Street expectations.
- The company reports an annualized revenue run rate of $81 billion as of October 31, 2026, up $10 billion from the previous month.
- The initial public offering is scheduled for the week beginning November 16, serving as a primary barometer for the ongoing AI spending boom.
Filing Details Show Offering Size of 64 Billion Dollars
The developer of the Claude AI agent submitted paperwork targeting an offering size of 64 billion dollars via the sale of Class A shares priced between $70.00 and $78.00, skynewsarabia.com reported. Initial projections indicated the firm might raise up to 100 billion dollars, which would have marked the largest public offering in history.
| Financial Metric | Previous Period | Current Period |
|---|---|---|
| Q3 Revenue | $1.4 billion (Q3 prior year) | 17 billion dollars (Q3 current year) |
| Annualized Run Rate Revenue | September 30 level | $81.0 billion (October 31) |
| Targeted Valuation | Early estimates | 1.4 trillion dollars (Current SEC filing) |
Revenue Surge to 17 Billion Dollars in Third Quarter
Financial documents submitted earlier in November show that quarterly revenue reached 17 billion dollars in the third quarter, compared to $1.4 billion during the same period last year, skynewsarabia.com noted. Furthermore, the company stated that its estimated annualized revenue run rate hit approximately $81 billion as of October 31, 2026, representing a $10 billion increase from September 30.
Alongside the regulatory filing, the company announced the rollout of two updated AI models, “Fable 5.2” and “Mythos 5.2,” which operate 30 percent faster than their predecessors, according to alqaheranews.net. These technical releases coincide with preparations for the public stock launch slated for the week beginning November 16.
