Anthropic’s backers are discussing a potential valuation of about $2 trillion ahead of a planned initial public offering. Multiple outlets, citing Financial Times reporting, say six investors expect the five-year-old AI lab behind Claude to be worth at least that amount, potentially making it the largest IPO in history.

The figures appear to come from investors rather than from Anthropic itself, and Anthropic is not described as having confirmed the valuation or timing. The reporting places the possible autumn (or October) listing in the context of recent high valuations for other AI and tech companies. One comparison cited in the coverage is SpaceX’s June valuation of $1.77 trillion, which the discussed $2 trillion level would exceed.

Across the accounts, the main emphasis differs: one outlet frames the $2 trillion figure as being below what AI stocks already trade for, while the other focuses on the record-setting nature of the potential valuation for a public debut. Both sources tie the claims to investor expectations reported by the Financial Times.