Anthropic will reportedly list days before the US midterm elections

Anthropic plans to begin marketing its offering in mid-October, with the IPO filing expected in late September and the listing slated for just before the November U.S. midterm elections. The company is finalising a $15 billion revolving credit facility to assure investors it won’t need immediate external financing, and analysts project a valuation near $2 trillion, reflecting $11.5 billion quarterly revenue. Morgan Stanley, Goldman Sachs, JPMorgan and Citi are leading the underwriting syndicate.