The IPO Buzz: Anthropic (ANT Proposed) Unveils Terms of $61.05 Billion IPO

Anthropic (ANT Proposed), known for its Claude AI platform, launched  its $61.05 billion IPO today – Tuesday, Nov. 10, 2026 – after disclosing its terms: 825 million shares at a price range of $70.00 to  $78.00 a share to raise $61.05 billion, if priced at the $74.00 mid-point of its range. At pricing, Anthropic would have a market cap of $968.44 billion – just slightly under the $1 trillion figure floated in recent days.

Of the 825 million shares in the IPO, Anthropic is offering 801.35 million shares and selling shareholders are offering 23.65 million shares, the prospectus said.

In addition, seven Big Tech names – Advanced Micro Devices, Broadcom, Google LLC, Micron Technology, Microsoft, NVIDIA and TSMC Partners have agreed to buy $26 billion of Anthropic’s Class N common stock in a private placement equal to the IPO price – equivalent to $74.00 a share, if priced at the mid-point of its range.

Goldman Sachs and Morgan Stanley are the joint lead book-runners.

J.P. Morgan, Citigroup, Barclays and Wells Fargo are also joint book-runners, with BofA Securities, Deutsche Bank Securities, RBC Capital Markets and UBS Investment Bank in a book-running group that includes another 12 investment banks.

(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com  website.)

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Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions.