# Anthropic reportedly pushes ahead with pre-Thanksgiving IPO at lower valuation

published: 2026-11-07T18:05:27.033Z
topic: funding
source: https://the-decoder.com/anthropic-pushes-ahead-with-pre-thanksgiving-ipo-despite-tech-selloff-accepts-lower-valuation/
url: https://aiagentnews.io/stories/anthropic-reportedly-pushes-ahead-with-pre-thanksgiving-ipo-at-lower-valuation

Anthropic is reportedly still aiming to go public before Thanksgiving despite a tech selloff, according to investors cited by the Financial Times. The Claude developer is said to be seeking $80 to 100 billion at a valuation of $1.25 to 1.75 trillion, below the $2 trillion some optimistic investors had hoped for.

Anthropic is reportedly still aiming to go public before Thanksgiving despite a tech selloff, according to investors cited by the Financial Times. The Claude developer is said to want to raise $80 to 100 billion at a valuation of $1.25 to 1.75 trillion. That range is above the current $965 billion but below the $2 trillion that the most optimistic investors had hoped for.

Annualized reported revenue is about $81 billion, up from roughly $65 billion at the end of July. The selloff followed rising borrowing costs and heavy AI spending plans, and the Nasdaq 100 fell 6.4 percent on Thursday before recovering somewhat on Friday. Democrats winning the US midterms accelerated it, as they had promised to slow data center construction.

OpenAI has also cut its funding-round target from $1.4 trillion to $1.25 trillion. It has recently raised only about a third of the $30 billion it originally sought.

## Why it matters if you build agents

The IPO timing and valuation are reported through investors rather than confirmed by the company, so teams should treat them as plans that may change. Market swings tied to AI spending could affect how model providers prioritize pricing, capacity and product work. Developers who depend on a single model vendor may want to watch how a public listing changes that vendor's priorities.