# Anthropic starts IPO roadshow at a valuation cut by about $600 billion

> Original title: Anthropic启动IPO路演，估值已缩水6000亿美元

- Source: QbitAI
- Published: 2026-11-12T10:11:29.000Z
- Bad Influence: https://badinfluence.news/items/nyguu9nrb77rh0awuv0c0010k
- Original: https://www.qbitai.com/2026/11/509381.html

## Summary

Anthropic has begun its IPO roadshow, planning to sell 825 million shares at $70 to $78 each, with trading on Nasdaq under ANT from November 19. The offering could raise up to $64.35 billion, and the source says the valuation has fallen to about $1.4 trillion from an earlier estimate of $2 trillion. Quarterly revenue reached $16.956 billion, up 12.27 times year over year, while compute and infrastructure costs rose to 58% of revenue.

## Why it matters

The source gives the offering size, price range, listing date, and lockup terms, along with the valuation cut and quarterly figures that show how the deal was scaled back.