WSJ: Anthropic Plans Nasdaq Listing Next Week as Some Investors Seek Lower IPO Valuation

TechFlow, November 10 — According to The Wall Street Journal, citing people familiar with the matter, Claude developer Anthropic plans to proceed with its initial public offering (IPO) amid recent volatility in the AI sector, is expected to meet with key investors this week, and is targeting a Nasdaq listing next Thursday or Friday under the ticker ANT.

Anthropic is expected to disclose its IPO price range and offering size early this week. Investors had previously anticipated a valuation of about $1.5 trillion, but amid the recent sell-off in AI stocks, some large investors are seeking a lower valuation. The company recently discussed pricing options with Goldman Sachs and Morgan Stanley, and the final valuation may be significantly below the roughly $2 trillion discussed a few months ago.

People familiar with the matter said Anthropic may still postpone its listing plans depending on market conditions.

Source: TechFlow