EXCLUSIVE: Anthropic sends out, then retracts details of IPO filing, emails show

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1. 13m ago

   Anthropic sends then retracts IPO filing details, emails show

   Anthropic circulated details of an initial public offering and then withdrew them, according to emails reviewed for this report. The company has not confirmed the timing, size or valuation of any planned share sale. Market observers have weighed in on the risks and possible scale of an Anthropic IPO, with estimates ranging widely and critics urging caution. No registration statement appears to be publicly on file. The episode leaves the status of the offering unresolved and raises questions about the company's readiness to go public amid an AI stock sell-off.

   Why it matters

   Anthropic is a major artificial intelligence company backed by large technology investors, and any IPO would be one of the largest tech listings in recent years. Morningstar has published a valuation argument placing the company at $1.7 trillion, while CNBC's Jim Cramer has said the offering could determine the direction of the broader AI trade. Reuters has reported that Anthropic aims to raise as much as $69.3 billion in a blockbuster IPO, though that figure has not been confirmed by the company. Gary Marcus has argued separately that investors should avoid the IPO.

   What is confirmed

   • Anthropic sent out details of an IPO filing and then retracted them, according to emails reviewed for this report.
   • Morningstar has argued Anthropic is worth $1.7 trillion.
   • Reuters has reported Anthropic aims to raise up to $69.3 billion in an IPO.
   • CNBC's Jim Cramer has said Anthropic's IPO could make or break the AI trade.

   Still unconfirmed

   • Anthropic plans to launch an IPO at a $1.7 trillion valuation.
   • Anthropic plans to raise $69.3 billion in its IPO.
   • Anthropic's IPO timing and size remain undecided.

   What to watch next

   • Whether Anthropic files a public registration statement with the SEC
   • Whether Anthropic confirms or denies the emailed IPO details
   • The valuation Anthropic seeks if it proceeds with an offering
   Sources used for this update (9)

   1. timesofindia.indiatimes.com — Saudi Arabia Turns To Iran Amid Houthi Strikes, Dealing Trump A Major Gulf Blow? - Times of India Videos
   2. bsky.app — @starlink85.bsky.social
   3. www.tickmill.com — Daily Market Outlook, October 28, 2026 | Tickmill
   4. Yahoo Finance — Anthropic's IPO dilemma after the AI sell-off: 'Damned if you do, damned if you don't'
   5. The New Republic — Anthropic’s Customers Are Also Its Test Subjects
   6. Morningstar — Why Morningstar Thinks Anthropic Is Worth $1.7 Trillion
   7. CNBC — Jim Cramer says Anthropic's IPO could make or break the AI trade. Here's why
   8. Reuters — EXCLUSIVE: Anthropic aims to raise up to $69.3 billion in blockbuster IPO
   9. garymarcus.substack.com — Just say no to Anthropic’s IPO - by Gary Marcus
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