Anthropic Weighs New AI Model Release Ahead of Potential $2 Trillion IPO

Anthropic is weighing the release of a new artificial intelligence model as it prepares for a potential initial public offering that could value the company at approximately $2 trillion. The AI developer is reviewing the timing for launching a new model in response to OpenAI's September 3 debut of its GPT6 Astra model, according to reports citing people familiar with the matter. The company's annualized revenue run rate surpassed $65 billion by the end of July 2026, a dramatic increase from about $9 billion at the end of 2025. This growth has fueled investor interest ahead of a possible public listing. Anthropic is reportedly targeting November for an IPO, a timeline that has shifted from earlier expectations of an October debut. Discussions around the offering indicate a potential valuation approaching $2 trillion, with capital-raising targets reaching $100 billion, though these figures remain under negotiation. The strategic deliberation comes as OpenAI's GPT6 Astra has captured significant traction in the enterprise market.