Anthropic’s IPO may be delayed until mid-October, as the firm aims to hit a $2 trillion valuation.

Beating AI News Flash: According to Reuters, citing people familiar with the matter, AI firm Anthropic’s IPO plans are being adjusted to mid-October. Roadshows could kick off as early as mid-October, with the listing targeted to complete before the U.S. midterm elections in November. The company had originally planned to publicly release its IPO prospectus as early as next week, but that timeline is now pushed back to the end of September. This timing shift means Anthropic could aim for a listed valuation of up to roughly $2 trillion. If achieved, the IPO would rank among the largest in history and serve as a key case for capital markets to test the AI industry’s growth potential. Sources also revealed that Anthropic is finalizing a $15 billion revolving credit facility, with participating bank analysts expected to meet with the company ahead of the prospectus filing. Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Citigroup are among the institutions involved in preparing for the IPO. The offering is expected to draw significant market attention and could proceed around the same time as potential listing plans of other AI firms like OpenAI.