Anthropic’s stock market debut is still on, according to the Wall Street Journal, even after a rough stretch for tech shares. The paper says a valuation range is due within days and that the first trades could come on a Thursday or Friday next week.
What the range will be is the live question. The target has been sliding. Months ago people talked about $2 trillion, last week the aim was $1.5 trillion, and now several big institutions reportedly want something lower still.
The mood is unhelpful. TechCrunch pointed out that the listing comes after one of Nasdaq’s sharpest sell-offs, and while Nvidia chief Jensen Huang’s relationship with a suspected Chinese spy dominates AI headlines. Across the industry, OpenAI took in $11 billion last week, below the $20 billion it was seeking, at a reported value of $1.25 trillion.
Anthropic makes the Claude models, and a listing would put a market price on one of the biggest independent AI labs. The range will be read as a gauge of how investors currently value AI companies, which is why the argument over $1.5 trillion versus something lower matters beyond Anthropic’s own shareholders. OpenAI’s latest round is the nearest comparison.
Anthropic has not commented on the Journal’s account in the material we read.
This follows the earlier report that Anthropic was pressing on at a lower valuation. Treat all of it as unconfirmed. Nothing here is official: Anthropic has published neither the range nor a date, the report names no exchange or share price, and the Journal relies on unnamed sources.
