Anthropic pushes ahead with pre-Thanksgiving IPO at $1.25-1.75T valuation, below $2T target

The Decoder · rss · 2026-11-08

Despite a tech selloff, Anthropic is pressing ahead with its IPO before Thanksgiving, targeting $80-100 billion in fundraising, The Decoder reports.

The Claude developer has set its valuation at $1.25-1.75 trillion, well below the $2 trillion it had hoped for. Rival OpenAI recently had to cut its valuation as well, signaling broader pressure on AI company valuations from the market pullback.

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