Anthropic Files Its S-1: Inside the Trillion-Dollar AI IPO Race

Anthropic, a high-value AI company, has confidentially submitted a draft Form S-1 to the U.S. SEC, aiming for an October 2026 listing with a valuation up to $1.8 trillion. This move follows a $65 billion Series H funding round and is expected to reset public market comparables for frontier AI labs.