Anthropic, the San Francisco-based AI company behind the Claude chatbot, is in talks to expand its credit lines as it prepares for an initial public offering expected in October 2026. The move aims to strengthen liquidity ahead of a listing that could raise over $60 billion, with a projected valuation between $1.1 trillion and $1.25 trillion.
Strategic financial preparation
The credit line discussions follow Anthropic's $65 billion Series H funding round earlier this year, which made it the world's most valuable AI startup. By securing additional credit now, the firm appears to be building a financial buffer to navigate the complex path to going public. Prediction markets currently give a 74.5% chance that Anthropic will list by December 31, 2026.
Key investors and next steps
Major backers Amazon and Google are expected to play significant roles in determining the IPO's timing and valuation. Observers will watch for formal announcements on the credit line expansion, as well as any SEC filings or roadshow schedules. Strong liquidity support could boost market confidence in Anthropic's public debut.