IPO valuation of $1.5 trillion to $1.6 trillion… presented to Anthropic by some investors

Some institutional investors have floated a $1.5 trillion–$1.6 trillion valuation for Anthropic's planned IPO, below the roughly $2 trillion figure previously circulating in the market, the Wall Street Journal reported, citing anonymous sources. The range reflects interest from a subset of investors and was passed to Anthropic and its listing advisers, not set as the company's official offering price. Anthropic publicly filed its S-1 registration statement with the SEC on October 26 and amended it on November 2. The gap between investor indications and earlier market chatter matters because it will shape expectations for what could be one of the largest AI listings, with the final price still to be determined through the company's own process.