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Anthropic is expected to launch its initial public offering in mid-October, potentially becoming one of the largest IPOs in history.

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest. The artificial intelligence company plans to complete the listing days before the U.S. midterm elections in November. This shift moves the expected release of the IPO prospectus to late September, which is a crucial step in the final stages of the offering. Investors view the offering as a potential $2 trillion listing, making it one of the largest IPOs ever attempted. The company is currently working to finalize a $15 billion revolving credit facility as part of the IPO process. Morgan Stanley, Goldman Sachs, JPMorgan, and Citi are the banks working with Anthropic on the listing. While the company declined to comment, the offering is anticipated to be one of the most closely watched IPOs due to the rapid growth of the artificial intelligence industry. It may occur alongside potential listings from other AI companies, such as OpenAI.

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