The Wall Street Journal reported on September 22, 2026 that Anthropic delayed its IPO from October to November, with investors discussing a $2 trillion valuation. The company has since filed publicly for a Nasdaq listing under ANT, disclosing compute commitments of roughly $780 billion to $810 billion, first-half 2026 revenue of $16.3 billion with about a fifth from two uncommitted customers, and an $80.7 billion first-half net loss that is mostly convertible-note accounting. Gross margins are nearing 50%, up from sub-20% a quarter earlier, and Q3 revenue reached $16.8 billion, though growth decelerated from 10x to 9x to 8x. The Journal now reports a listing target of the week of November 16, raising $100 billion or more.