Anthropic’s October 2026 IPO filing under ticker ANT, backed by first-half revenue of $16.3 billion and a May Series H round at a $965 billion valuation, drives the 98.6% market-implied probability against an acquisition before 2027. Trader consensus reflects the company’s explosive independent scaling through large-scale compute deals with Google, Broadcom, and Nscale, plus acqui-hires like Opaque Systems and Coefficient Bio that position it as an active consolidator. Founder-controlled governance and strategic stakes from Amazon and Google further reinforce autonomy ahead of a planned public listing. While a sudden regulatory shift or internal reversal could theoretically alter the trajectory, current verified developments and capital access make a buyout agreement by year-end 2026 highly improbable.