# Anthropic retracts $69bn IPO plans after sending inaccurate figures to banks

- URL: https://talkfuse.com/story/anthropic-retracts-69bn-ipo-plans-after-sending-inaccurate-figures-to-banks/
- Published: 2026-11-10T07:56:12+00:00
- Updated: 2026-11-10T08:22:36+00:00
- Original publisher: City AM (publisher lean: Right)
- Original article: https://www.cityam.com/anthropic-retracts-69bn-ipo-plans-after-sending-inaccurate-figures-to-banks/
- Topics: AI, Business, Companies, Markets, Software, Technology

## Key points

- Anthropic withdrew IPO pricing figures it said were inaccurate.
- The draft proposed selling about 867 million shares.
- The listing will test investor appetite for AI firms.

## Summary

Anthropic has withdrawn the pricing details for its planned stock market debut after sending banks figures it later said were inaccurate. The reversal comes as the Claude developer prepares to market its shares and investors weigh the prospects and costs of the AI sector amid recent technology market volatility.

The withdrawn filing proposed selling about 867 million shares for $70 to $80 each, which could have raised up to $69.3bn; it also listed $26bn in investment commitments from technology companies. Anthropic did not say which figures were wrong. The company had been expected to seek a valuation of about $1.5tn, while Morningstar’s estimate ranges from $500bn to $3tn; Anthropic reported nearly $17bn in September-quarter revenue and almost $900bn in future computing commitments.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.