Investors want to buy far more Anthropic shares than are for sale
Anthropic, the maker of Claude, is going public. According to Bloomberg, investors want to buy several times as many shares as are available. It could become the largest stock market listing ever. The price will be set on 18 November 2026.
Anthropic, the American company behind the AI model Claude, is going to sell shares on the stock market. It is offering 825 million shares at 70 to 78 dollars each. According to the news agency Bloomberg, orders have already come in for several times that number. Bloomberg bases this on people involved in the sale who do not want to be named. Anthropic itself has not commented on it.
According to Bloomberg, the strong demand comes mainly from investors who said early on that they want to buy a large block of shares.
How much money it raises
At 78 dollars per share, the listing raises up to 64.4 billion dollars, about 57 billion euros. The banks that manage the sale may also sell an extra 123.75 million shares if demand is high enough. That could bring in about 9.7 billion dollars more.
At the same time, Anthropic is selling 26 billion dollars' worth of shares outside the stock market, at the same price. They go to seven chip and tech companies, including Alphabet (Google's parent company), Nvidia, Microsoft and the Taiwanese chipmaker TSMC. Together, Anthropic and a few existing shareholders can raise up to 90.4 billion dollars this way, about 81 billion euros. According to Bloomberg, that is more than space company SpaceX raised at its stock market listing in June, and possibly the largest first sale of shares ever.
What the company will be worth
At 78 dollars per share, Anthropic will be worth about 1,020 billion dollars after the sale, reports the financial news site Stock Analysis. If the shares set aside for staff and options are also counted, the value comes to about 1,400 billion dollars, around 1,250 billion euros. According to Bloomberg, some investors had hoped for more. In May 2026, Anthropic was valued at 965 billion dollars in an investment round.
In the days before the sale, Anthropic is holding meetings for investors, including a livestream with its chief executive Dario Amodei and Jamie Dimon, the chief executive of the American bank JPMorgan Chase. On 18 November the company sets the price per share. One day later, on 19 November, trading starts on the American stock exchange Nasdaq.
What does this mean for the road to the singularity?
It is the first time that an independent company that builds the most powerful AI models is going public. With the money, Anthropic can buy even more computing power and train larger models. The strong demand shows that investors expect these models to be able to do much more in the coming years. On 19 November it will become clear for the first time what the open market is willing to pay for such an AI company.
What is the technological singularity? Read the explanation →