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Financial Times · Technology

Anthropic investors bet on a $2tn valuation in what would be a record AI IPO

Anthropic investors bet on $2tn valuation in record IPO

Anthropic is targeting a near-$2tn valuation for its IPO, people familiar told the FT, which would make it the largest AI public offering yet. Its last private round valued the company at roughly $120bn, so the IPO price implies a more than 10x markup. The post doesn't disclose the offering size, timeline, or underwriters. I'd discount the headline number for now—that kind of private-to-public jump needs revenue and margin data from the S-1 to back it up.

Why it matters: FT exclusive: Anthropic targets $2tn IPO valuation, a 10x+ jump from its last $120bn private round. This is the highest IPO price anchor in AI history—industry-shaking. Not a 95+ because the post doesn't disclose revenue, margins, or S-1 filings; $2tn is investor expectation, ...

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