Anthropic’s amended SEC filing on November 10 set a $70–78 price range for 825 million Class A shares, positioning the company for a Nasdaq debut under ticker ANT around November 19 and implying a fully diluted valuation up to $1.4 trillion. Run-rate revenue reached $81 billion by late October after first-half 2026 revenue of $16.3 billion, up sharply from the prior year, though the firm reported substantial net losses tied to valuation adjustments and heavy compute commitments. The IPO follows a May 2026 funding round at a $965 billion valuation and incorporates a concurrent $26 billion private placement from Google, Nvidia, Microsoft and other hyperscalers, reflecting sustained institutional demand amid broader AI-sector volatility that has tempered earlier $2 trillion expectations. Pricing is scheduled for November 18, with roughly 20 percent of shares earmarked for retail allocation.