As one of the leading companies in the AI race, it was only a matter of time before Anthropic went public in the stock market. The creators of Claude, one of the most used large language models (LLMs) in the world, Anthropic has seen a meteoric rise since being founded in 2021 by former members of Sam Altman's OpenAI. OpenAI hasn't gone public yet either.

There have been rumors that it will happen in 2027, with shocking private estimates putting a potential share price for OpenAI between $734 and $910. While OpenAI waits, Anthropic is beating them to the punch. In a filing to the SEC, Anthropic set in motion its IPO this week. If everything goes to plan, Anthropic stock will be available for public trading on November 19.

According to the company, 825 million shares will be offered at the time of its IPO. The price range per share is expected to be between $70 and $78. It’s a much more affordable entry point into the AI world within the stock market than OpenAI is expected to be. Of course, OpenAI has been around longer, but Anthropic had been operating at a much higher loss in net income through 2025.

Going public should help Anthropic with their financials in a substantial way. Soon to be a six year old company and with major partnerships, the sky is the limit for Anthropic. And traders won’t have to splash too much cash to jump on board initially.