Anthropic to raise $64bn in major stock market listing

What the report says

Anthropic, the AI company behind the Claude chatbot, is preparing for a major stock market listing on the Nasdaq that could raise up to $64bn, according to BBC World News. The company said it plans to sell shares at $70 to $78 each in its initial public offering, which is expected this month.

Based on the pricing range reported by the BBC, the offering would value Anthropic at about $1.1 trillion to $1.3 trillion. That is still a very large figure, though it is lower than the $2 trillion some analysts had recently anticipated. The company is described as loss-making, highlighting that the listing is taking place while many investors are still weighing how quickly AI businesses can turn heavy spending into profits.

The timing matters because markets have been volatile for AI-related companies. The BBC reported that broader concerns about the pace of AI development, regulatory risk and the cost of building data centres have recently affected sentiment on Wall Street. Analysts cited by the broadcaster said the planned fundraising suggests Anthropic remains confident in demand for AI investment despite those headwinds.

More broadly, the listing would be one of the largest public market debuts tied to the AI sector and a significant test of investor appetite for high-growth technology firms.