Anthropic is reportedly choosing Nasdaq as the listing venue for a potential IPO, with plans targeting an October debut. Multiple outlets, citing a person familiar with the matter, say the company’s IPO filing remains private and that key deal terms, including valuation, are not finalized.

Estimates mentioned across reports place Anthropic’s potential valuation near $2 trillion, which would make the offering among the largest in history, though the figure is not confirmed. Bloomberg and other outlets describe the move as a major decision ahead of the anticipated listing window.

While the core details are consistent—Nasdaq as the venue and an October target—outlets differ mainly in emphasis. Some frame it as giving Nasdaq another significant AI-related win, while others focus on the scale implied by circulating valuation estimates and the uncertainty around final terms. One report also notes the timing in relation to OpenAI’s earlier comments about whether it would pursue an IPO.