Anthropic PBC

Anthropic is reportedly preparing to start marketing its IPO the week of November 9, with the Nasdaq debut expected about a week after the roadshow begins. The company has already filed its Form S-1 under ticker ANT. This follows Tuesday's report that Anthropic picked JPMorgan to run US retail sales in the offering, with roughly 15% to 20% of the deal earmarked for individual investors, and Wednesday's GSA agreement to push Claude across federal, state and local agencies. The S-1 disclosed a significant net loss alongside rapid revenue growth, so the roadshow is where public investors will price that trade-off for the first time. A firm marketing date turns a long-teased listing into a dated event that forces valuation work on the whole AI sector. Watch for roadshow terms and any S-1 amendments ahead of the expected debut in mid-to-late November.