Anthropic took another step toward its anticipated initial public offering (IPO). The artificial intelligence company behind the Claude models has begun a series of meetings between executives and institutional investors, signaling that preparations for its stock market debut have entered a new phase.
The meetings are being led by the banks responsible for the operation and aim to gauge market interest before the official presentation of the offering. This type of conversation usually takes place in the final stages of IPO planning and helps define potential demand for the company's shares.
The startup has already confidentially filed its request to go public with the United States Securities and Exchange Commission (SEC). Despite this, the company has not yet said when it intends to begin trading its shares on the market.
According to information reported by international media outlets, the listing could take place as early as October 2026, if market conditions remain favorable. So far, Anthropic has not officially commented on the timeline of the operation.
The public offering comes at a time of strong interest in artificial intelligence companies. In recent years, many of the sector's leaders remained in the private market while raising billions of dollars in funding rounds. Now, that movement is beginning to change, offering investors new opportunities to participate in this segment.
Another factor drawing attention is the direct competition between Anthropic and OpenAI. Both companies confidentially filed IPO requests, but Anthropic may reach the stock market first, gaining a strategic advantage if investor interest in the sector declines in the coming months.
Founded in 2021 by former OpenAI researchers and executives, Anthropic rapidly expanded its presence in the corporate market. Part of that growth was driven by Claude Code, a tool focused on software development that gained broad adoption among companies.
In May, the company concluded an investment round that raised its valuation to US$ 965 bilhões, surpassing the US$ 852 bilhões attributed to OpenAI for the first time.
The IPO operation is coordinated by three of Wall Street's largest banks: Goldman Sachs, Morgan Stanley and JPMorgan Chase. The institutions are betting that strong demand for artificial intelligence will continue to drive the capital markets, as investors seek companies capable of leading the next phase of the sector's growth.