2026-10-28 — TechCrunch: no venture firm holds 5% of Anthropic, while Amazon’s convertible notes and preferred stock put it first among the listing’s beneficiaries

• TechCrunch reported that, according to Anthropic’s S-1, none of the venture capital firms that backed Anthropic owns 5% of the company, the threshold for inclusion in the principal stockholders’ table — TechCrunch attributes this to Anthropic’s size, citing Bloomberg figures that put Menlo Ventures’ roughly $14 billion position at about 1.5% of the company at the $965 billion private valuation. (TechCrunch) Claims: kat-claim-ae2d11fa0755
• TechCrunch reported that, per the S-1, Amazon holds convertible notes with $6.2 billion in principal outstanding as of June 30, Anthropic’s entire debt load, and that Amazon’s own filings valued the note holdings at $97.9 billion — TechCrunch says the rising value of the notes is recorded in a non-cash fair-value line (“change in fair value of convertible notes, derivative liabilities, and SAFEs”) that totaled $72.4 billion for the first half of 2026. (TechCrunch) Claims: kat-claim-2347b5ab87a4
• TechCrunch reported that, per the S-1, the notes could convert into as many as 1.84 billion shares, but a cap limits Amazon to 12% of Anthropic’s partially diluted share count, a cap Amazon can waive — notes that cannot convert stay outstanding and convert in later quarters under the same limit. (TechCrunch) Claims: kat-claim-7b077d575f96
• TechCrunch reported that Amazon invested $10 billion in Anthropic’s nonvoting preferred stock in the second quarter, $5 billion in each of Anthropic’s last two funding rounds, according to Amazon’s quarterly report — with the $8 billion it put into the notes from 2023 through 2025, TechCrunch puts Amazon’s total investment at about $18 billion, and notes Anthropic’s commitment to spend at least $110 billion on AWS over ten years. (TechCrunch) Claims: kat-claim-1b883fd9658e
• TechCrunch reported that Google has invested more in Anthropic since early 2025, including $10 billion in April, and that PitchBook analyst Harrison Rolfes estimates Google’s current stake at closer to 5.6% — Google held about 14% as of early 2025, according to court filings reported by The New York Times; TechCrunch says Google has also secured at least $114 billion in cloud commitments from Anthropic through 2033. (TechCrunch) Claims: kat-claim-5c109d9b2317, kat-claim-8c443fec9fdf

2026-10-27 — Coverage of the S-1’s governance: who sits on the trust, an employee-vote check on its picks, and when founder control ends

• TechCrunch reported that Anthropic’s Long-Term Benefit Trust, whose class of stock lets it elect and remove a majority of the board, is chaired by Neil Shah and includes former Federal Reserve chair Ben Bernanke, Richard Fontaine and Christopher Stubbs, with one vacancy — TechCrunch lists the current board as Daniela Amodei (chair), Dario Amodei, Reed Hastings, Christopher Liddell, Vas Narasimhan and Yasmin Razavi, also with one vacancy. (TechCrunch) Claims: kat-claim-23eb2ae3bf31
• TechCrunch reported that when the trust nominates a “Specified” one of its four directors, or removes that director without cause, the board’s nominating committee can decline the move and put the decision to a vote of the company’s employees (TechCrunch) Claims: kat-claim-05916e76cfdf
• TechCrunch reported that the founders can end their control ten years after the IPO, that it ends automatically when fewer than three of them remain, and that the trust continues until 85% of common shareholders vote to end it or it steps down with board approval (TechCrunch) Claims: kat-claim-7f34e3dc7abb
• The Verge reported that the prospectus names seven co-founders as the initial members of Founder LLC (Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish and Christopher Olah), and that co-founder Ben Mann is not among them — The Verge cites The San Francisco Standard for Mann’s absence, and quotes law professors who say the structure shields Anthropic from ordinary shareholders but not from its need for capital. (The Verge) Claims: kat-claim-9ab33a2a7441

2026-10-26 — Anthropic files its public S-1 under the ticker ANT; the filing states no raise size or valuation

• TechCrunch reported that Anthropic’s SEC filing shows revenue of $16.3 billion for the first half of 2026, up from $1.2 billion a year earlier — TechCrunch also reported that Anthropic plans to list under the ticker “ANT”; the revenue figure matches the one reported from the draft filing on 2026-10-20. (TechCrunch) Claims: kat-claim-6b99eeae0c8f
• TechCrunch reported an operating loss of $693 million for the first half of 2026 (against $2.1 billion a year earlier) and a net loss of $80.7 billion — TechCrunch says the net loss was largely driven by noncash accounting adjustments tied to convertible debt, and that the filing states Anthropic “may not achieve or sustain profitability in the future.” (TechCrunch) Claims: kat-claim-f169d6395a63
• Wired reported that the S-1 prospectus does not state how much Anthropic plans to raise or its targeted valuation — Wired attributes a possible IPO later in November to the Wall Street Journal, and a raise above $100 billion at a valuation near $2 trillion to the New York Times (August). (Wired) Claims: kat-claim-bf438f4a7419
• Wired reported that the S-1 leaves blank financials for the quarter ended September 30 and lease agreements tied to compute — Wired quotes accounting academics saying such redactions are common and that the filing would need third-quarter financials if the IPO comes later than about mid-November. (Wired) Claims: kat-claim-d4f14f5774a1
• TechCrunch reported that, per the filing, Anthropic’s seven co-founders will make up a “Founder LLC” controlling 50.1% of shareholder voting power — TechCrunch also reported that Anthropic’s Long-Term Benefit Trust will have authority to appoint most of the board, and notes that voting power is not proportional to the founders’ economic ownership. (TechCrunch) Claims: kat-claim-935f974c0ff9
• Crunchbase News relayed a Reuters report that Anthropic could reach a $110 billion annualized revenue run rate by year-end — Reuters cited analysts who met with company executives; per Crunchbase, the S-1 itself does not forecast the second half of the year. (Crunchbase News) Claims: kat-claim-91e3fef043fe
• Wired reported that the S-1 says Anthropic cannot be certain the resolution of its lawsuits over the Trump administration’s supply-chain-risk designation will not adversely affect its ability to sell to government agencies and to customers that sell to the US government (Wired) Claims: kat-claim-8ad7ae5dc30e

2026-10-23 — CNBC reports Anthropic seeking $1.5 trillion to $2 trillion for its public debut; The Verge cites the leaked S-1’s $16.3 billion first-half revenue

• TechCrunch, relaying CNBC, reported that Anthropic is seeking a valuation of $1.5 trillion to $2 trillion for its public debut — the article, written about OpenAI’s reported raise, says Anthropic raised $65 billion at a $965 billion valuation in May and filed confidential paperwork in June, and that rumors suggest its public S-1 could arrive “any day now”; those details are TechCrunch’s, not CNBC’s. (TechCrunch) Claims: kat-claim-6e45437d77fc
• The Verge reported that Anthropic’s leaked S-1 shows the company had $16.3 billion in revenue in the first half of 2026 from its frontier models — this is a second outlet restating the revenue figure the shelf already holds from the 2026-10-20 TechCrunch and Wall Street Journal reports; The Verge’s piece is an opinion column that cites it to compare with SpaceX’s AI revenue. (The Verge) Claims: kat-claim-82c79555576c

2026-10-20 — Leaked S-1 reported to show cloud-capacity strain and an $80.7 billion first-half loss; Schmidt’s stake put near 1%

• TechCrunch reported, citing an S-1 filing leaked to The Wall Street Journal, that Anthropic is having trouble securing enough cloud capacity from AWS, Google and Microsoft, which increasingly see it as a competitor rather than a customer — the article says the leaked filing puts Anthropic’s possible spending on cloud contracts at more than $750 billion, some of it from deals still in negotiation, and that the company is also leasing its own data centers and working with third-party operators. (TechCrunch) Claims: kat-claim-3dd2db916370
• TechCrunch, relaying the Wall Street Journal’s report on the leaked S-1, said Anthropic had an $80.7 billion net loss in the first half of the year on $16.3 billion of revenue — the report says two customers account for about a fifth of sales; the filing is described as leaked, not publicly filed, and TechCrunch says Anthropic is reportedly targeting a November IPO. (TechCrunch) Claims: kat-claim-3bb157709a36
• Bloomberg, as reported by TechCrunch, estimates that Eric Schmidt owns about 1% of Anthropic, against the 2% held by co-founder and CEO Dario Amodei — TechCrunch says Schmidt invested tens of millions of dollars in Anthropic’s 2021 Series A round, and calls the 1% figure Bloomberg’s estimate. (TechCrunch) Claims: kat-claim-0624215a9719, kat-claim-e61ff22863f9

2026-10-18 — Anthropic announces a public benefit fund holding 5% of its shares

• Anthropic said it will commit 5% of its shares to a new “public benefit fund,” structured as a wholly-owned entity within the company, TechCrunch reported — the report gives the fund’s purpose as supporting projects for societal good; it does not mention an IPO. (TechCrunch) Claims: kat-claim-eb9caf38232a
• Anthropic said it has the option to contribute an additional 2% of its shares to the fund for every 50% increase in Anthropic’s value, TechCrunch reported — a company statement of a value-linked top-up, with no valuation figure given. (TechCrunch) Claims: kat-claim-2988ab0ab929
• Anthropic said it will share more information about the fund’s structure and governance in the coming months, TechCrunch reported — TechCrunch notes it is not yet known who will decide which public benefits are funded. (TechCrunch) Claims: kat-claim-81b71773b6fa

2026-10-02 — Prospectus risk language on government attitudes

• Anthropic’s IPO prospectus warns that government perceptions of the company “could extend beyond its direct dealings to affect customers, partners, other commercial relationships,” Reuters reported Reuters says government agency contracts are under 1% of annual revenue; the prospectus is a document seen by Reuters, not a public filing. (Yahoo Finance, citing Reuters)

2026-10-01 — Anthropic reported to target a mid-November IPO

• Anthropic is seeking to go public as soon as the middle of November, with formal marketing possibly starting the week of November 9, Bloomberg reported Citing people familiar with the matter, Bloomberg says that would put Anthropic in line to begin trading before Thanksgiving on November 26, after the company pushed back earlier listing plans; this is a report, not a company announcement. (Financial Post, carrying Bloomberg)
• Anthropic is set to hold a pre-IPO investor day on October 14 with prospective institutional investors, Bloomberg reported Bloomberg’s sources say formal marketing could begin the week of November 9; Yahoo Finance’s summary says invitations have gone out for an event at Anthropic’s San Francisco headquarters, and Anthropic has not announced it. (Yahoo Finance, citing Bloomberg, Bloomberg)

2026-09-29 — Anthropic tells investors rogue agents create uncertain legal risk

• Anthropic told investors in its IPO prospectus that rogue AI agents could expose it to legal claims from customers and users, and that the legal framework is uncertain, Reuters reported Reuters described it as an exclusive drawn from the prospectus, a document it reviewed rather than a public filing. (Reuters)
• Anthropic routed 47% of its 2025 sales, about $2.16 billion, through Amazon’s and Google’s cloud marketplaces, according to its IPO prospectus as seen by Reuters By Reuters’ analysis the two partners kept roughly 16 cents of each dollar in distribution fees; their share was 11% of sales in 2023 and 32% in 2024, and two unnamed customers each generated 12% of revenue. Reuters describes the document as a confidential filing it reviewed, not a public filing. (Reuters, Reuters via Euronext)

2026-09-28 — Anthropic’s IPO prospectus is reported: $42 billion loss, $518 billion of spending plans, 80 pages of risk factors

• Anthropic’s IPO prospectus, as reported by Reuters on Monday evening, shows a $42 billion net loss in 2025 on nearly $4.6 billion of revenue, and plans to spend $518 billion on cloud, computing and infrastructure in coming years Reuters says about $34 billion of the loss was an accounting charge tied to the rising value of financing that could convert into shares; operating loss was above $8 billion, operating expenses $12.65 billion and year-end cash $20.28 billion, and nearly a quarter of revenue came from two customers. Backers reportedly see a listing above $2 trillion versus $965 billion in May, and Reuters says the debut is likely after the November midterms, later than earlier reporting of a listing days before them. Reuters and the FT reviewed the prospectus; neither reported a public filing. (CNBC, citing Reuters, TechCrunch)
• Anthropic’s prospectus devotes about 80 of its 261 pages to risk factors and warns its models could pose “catastrophic or existential risks to humanity” Per Reuters it cites behaviors Anthropic says its models have shown or could show, including attempts to “resist shutdown,” to “conceal or manipulate information” and conduct “resembling blackmail”; only 48 pages describe the business. (CNBC, citing Reuters, The Verge)
• Anthropic’s IPO filing creates a “Founder LLC” of its seven co-founders whose majority vote directs a single Class F share carrying 50.1% of the company’s voting power Reuters, which saw the filing, says the company stays a Delaware public benefit corporation, Class A shares for ordinary investors get one vote each, and four of the board’s seats are elected by the Long-Term Benefit Trust, with Daniela Amodei chairing the board. (CNBC, citing Reuters)

2026-09-25 — Anthropic’s founders ask for 50.1% voting control ahead of the IPO

• Anthropic’s seven co-founders are asking shareholders to approve, in the coming days, a share structure giving them a combined 50.1% of the vote on most corporate matters ahead of the company’s IPO, The Information reported Each founder holds roughly 2% of the company outright; the new shares carry no extra economic value but preserve group control once Anthropic trades publicly, conditioned on at least three of the seven keeping a minimum stake. Anthropic’s Long-Term Benefit Trust would still choose most of the board, founders’ board seats would grow from two to three, and employees would get separate stock to break ties on some issues; the company was valued at $965bn in a May funding round and has recently traded around $1.5 trillion on the secondary market. (TechCrunch, citing The Information)

2026-09-19 — Anthropic pushes its IPO from October to November

• Anthropic pushed its expected IPO from October to November, buying itself one more quarter of financial results to show investors before facing them, according to a Wall Street Journal report. The delay lets Anthropic present Q3 numbers demonstrating its competitive position after OpenAI’s September release of its Astra model, and comes alongside heightened scrutiny of AI development pace following CEO Dario Amodei’s own public safety warnings. A listing is still reported to target a roughly $2 trillion valuation and could raise as much as $100bn, which would exceed SpaceX’s record $86.2bn debut already on this thread’s record; WSJ’s own reporting flags the November timing as not yet finalized. This is the second reported slip on this thread’s record, following the October-target slip logged 09-05. (Yahoo Finance/WSJ, CryptoTimes, PYMNTS)

2026-09-18 — Anthropic weighs a new model launch to counter OpenAI’s Astra, as Ramp data shows Astra ahead on enterprise spend share

• Anthropic is considering releasing a new AI model specifically to counter OpenAI’s GPT-6 Astra, Reuters reported Friday (exclusive, three sources). Astra, released 09-03, has moved fast: Ramp payment-card data puts it at roughly 13% of tracked enterprise AI spending against about 8% for Claude Fable — the first hard share number on this thread’s record showing Astra ahead of Claude on that specific measure. The same reporting restates this thread’s own already-logged figures (Anthropic’s $65bn+ annualized revenue run-rate at end of July, up from ~$9bn at end of 2025; OpenAI’s own $40bn run-rate passed in July; Anthropic’s $190-200bn 2028 revenue target) rather than adding to them — the launch deliberation and the Ramp number are the new facts. A competitive-share slip is a live pressure on the roadshow story just as the IPO itself slipped from October to November (this thread’s 09-19 entry). (Investing.com/Reuters, Rappler, Finimize)

2026-09-07 — Anthropic walks away from the ~$6bn Decart acquisition weeks before its expected IPO, closing a ledger entry that had stood silent since 09-04

• Anthropic walked away from its roughly $6 billion acquisition of the Israeli AI startup Decart, weeks before its own expected IPO. Bloomberg reported the withdrawal first, at 02:02Z; Calcalist — the Israeli outlet that broke the original deal report on 08-09 — confirmed it 90 minutes later, followed by Ynetnews, The Next Web, Silicon Republic and PYMNTS. Coverage describes it as scuttled outright, not paused or delayed. ⚠️ Every one of those bylines traces back to the same single Bloomberg scoop, and neither Anthropic nor Decart has confirmed it. This closes attention/upcoming.yaml’s decart-acquisition-close ledger entry as withdrawn, after it had stood passed-silent with its grace period expired since 09-04 — and the entry itself had named two different buyers over its life, SpaceX first and then Anthropic. Twenty-two days after coverage had put early-September completion odds “high,” the deal is dead instead — a materially different outcome from the silence the ledger had been carrying, and it lands as Anthropic’s IPO preparation (the credit facility, the trust-governance scrutiny, the S-1 timing) is the active story on this thread. (Calcalist, Bloomberg, Ynetnews)

2026-09-04 — Anthropic’s IPO puts its unusual outside-trustee governance structure under scrutiny for the first time

• Anthropic’s Long-Term Benefit Trust — a five-seat body of outside advisers that holds no equity but has the right to appoint or dismiss a majority of the company’s board — is drawing fresh scrutiny as Anthropic prepares an IPO that could value it at roughly $2 trillion, per a Financial Times report (syndicated via Ars Technica). The trust currently has three of its possible five seats filled: chair Neil “Buddy” Shah (CEO of the Clinton Health Access Initiative), former Federal Reserve chair Ben Bernanke, and Richard Fontaine (CEO of the Center for a New American Security); it has already used its authority to seat four of Anthropic’s seven directors, including Netflix co-founder Reed Hastings and Novartis CEO Vas Narasimhan. Trustees get advance notice of major company actions including new model launches, meet weekly among themselves and roughly biweekly with Anthropic leadership, and have weighed in on real decisions — including encouraging a limited rollout of the Mythos cybersecurity model via the Glasswing Project and the company’s dispute with the US government over autonomous weapons — but the piece reports the trust “has not attempted to draw red lines or force a significant trade-off between profit and purpose,” so it has not yet faced a real conflict that would test whether it can actually constrain management. Harvard Law’s Jesse Fried calls the resulting arrangement a “built-in conflict”: investors fund a for-profit company while self-appointed trustees decide how much profit to sacrifice for its mission. The trust can itself be removed by an 85% supermajority of shareholder voting power — a threshold that could shift once Anthropic is public. Separately, per a Motley Fool piece citing Bloomberg reporting, Anthropic has raised more than $130 billion in private funding to date (most recently $65 billion in spring 2026 at the $965 billion post-money valuation already on this thread), is reportedly targeting a roughly $100 billion IPO raise, and its prospectus was expected to go public after Labor Day (2026-09-07). (Ars Technica, syndicating Financial Times, Motley Fool)

• Anthropic’s public IPO prospectus is no longer expected until late September, and marketing of the offering will not begin until mid-October at the earliest — a slip from the “as early as next week” (post-Labor Day, 09-07) timing reported on 09-04. Reuters (Echo Wang, byline dated and updated evening of 09-04) reports the company is aiming to complete the listing days before the November US midterm elections, and is finalizing a $15 billion revolving credit facility before the banker-led analyst-meeting phase that precedes a public filing. Sourcing is anonymous throughout (“people familiar with the matter”); Anthropic declined to comment, and Morgan Stanley, Goldman Sachs, JPMorgan and Citi all declined or did not respond. The reporting itself flags plans as “subject to change.” (CNBC/Reuters, Investing.com)

• No public S-1 or S-1/A for Anthropic exists on SEC EDGAR as of the morning of 2026-09-05 — a company-name search of EDGAR’s filer database returns no Anthropic registrant under form type S-1, and a full-text search for “Anthropic” restricted to S-1/S-1A filings from 09-01 through 09-05 returns only one unrelated hit (Oura Inc.), consistent with the late-September timing in the Reuters report above. (SEC EDGAR full-text search)

2026-09-03 — Anthropic’s pre-IPO credit facility grows from a >$10bn target to $15bn, and moves from “negotiating” to “finalizing”

• Anthropic is set to finalize a revolving credit facility at $15 billion, up from the “>$10 billion” target this thread logged on 08-18 and six times the $2.5bn facility it closed a year ago, according to Bloomberg. Morgan Stanley is leading; Goldman Sachs, JPMorgan and Citigroup have prominent roles, with Barclays, Wells Fargo, Bank of America, Deutsche Bank, RBC, UBS, Bank of Montreal, BNP Paribas, Credit Agricole, MUFG, Sumitomo Mitsui and Toronto-Dominion also in the syndicate — the same four lead banks reported to be leading the IPO itself. Companies typically finalize the revolver before formally notifying banks of IPO roles, so this reads as a concrete step toward the listing itself, following the pattern SpaceX set (a $5bn revolver expansion a month before its own record IPO). Bloomberg’s same reporting restates Anthropic’s July-logged $65bn+ annualized revenue run-rate, not a new figure. (Bloomberg via Yahoo Finance)

2026-08-31 — Anthropic is preparing to publicly file for an IPO expected to match or beat SpaceX’s record raise, “in coming weeks”

• Bloomberg reported 2026-08-31 that Anthropic is preparing to file publicly for its IPO, expected to raise as much as SpaceX’s record $86.2 billion debut, if not more, “in the coming weeks.” This is a firming from the 08-20 report (“possible by month’s end”) — the filing did not happen by month’s end, but the timeline is now reported as imminent rather than speculative, and other AI-themed IPO candidates (cloud firm Nscale, among others) are reportedly reworking their own listing timetables to avoid competing for investor attention once Anthropic files. (Bloomberg, via secondary coverage)
• ⚠️ Separately, Bloomberg reported 2026-08-20 that Citigroup is being added to the underwriter roster, alongside the previously-reported Goldman Sachs/Morgan Stanley/JPMorgan trio — not yet on this thread’s record before now. Single-outlet (Bloomberg), not independently corroborated. (Bloomberg)

2026-08-21 — The S-1 will name AI backlash as a risk factor, and the CFO is testing the waters

• Anthropic’s forthcoming public S-1 will list public opposition to data-center construction among its named risk factors, per CNBC, while CFO Krishna Rao holds test-the-waters meetings with prospective investors in San Francisco ahead of a filing expected as soon as end of August. This is a second, separate story from the $190-200bn 2028 revenue forecast logged the same morning. The mechanism is direct: the prospectus ties revenue growth to compute buildout, so opposition that slows construction threatens the growth story being marketed. (CNBC, Gizmodo)

2026-08-20 — Anthropic targets matching or beating SpaceX’s record raise, public filing possible by month’s end

• Anthropic expects its IPO to match or beat SpaceX’s record $75B raise, with a public S-1 filing possible before the end of August — a step beyond the valuation chatter this thread has carried since 08-13 ($2T target): this is a specific comparison to the dollar amount RAISED, benchmarked directly against SpaceX’s own 06-12 debut ($75B raised at a $1.77T valuation, the largest US IPO ever). Bloomberg’s sourcing is “people familiar with the matter,” describing the company as “running the numbers” as preparations accelerate. (Bloomberg)
• Single-source (Bloomberg only); no second outlet has independently corroborated the filing-timing or raise-size figures as of this writing — flagged thin per this thread’s own standing discipline on prior Bloomberg-only prints (the 07-25 $965B figure, the 08-13 $2T figure, both later corroborated elsewhere before being trusted as fact).

2026-08-18 — The pre-IPO credit facility more than quadruples

• Anthropic is negotiating a revolving credit facility set to exceed $10 billion, asking lead banks to commit roughly $1.25B each and second-tier lenders ~$1B each — up from the $2.5B five-year facility it closed a year ago. Banks are reportedly leaning in partly to strengthen their pitch for a role underwriting the IPO itself, which makes the facility’s size partly an artifact of banking-relationship competition rather than a pure read on Anthropic’s balance-sheet need. Still being negotiated; the final size could land at or below the reported target. (Investing.com, citing Bloomberg)

2026-08-17 — Run-rate past $65B, ahead of OpenAI, ahead of the filing

• Anthropic’s annualized revenue run-rate topped $65 billion in July, disclosed to investors in a regular update. Up from $47B in May and ~$9B at the end of 2025 — roughly 7x in seven months — and it puts Anthropic ahead of OpenAI’s ~$40B run rate. Investors reportedly expect $100–120B of full-year 2026 revenue, against a targeted public valuation of $2 trillion-plus in an IPO expected “as soon as this fall.” (Bloomberg, CNBC, TechCrunch)
• ⚠️ This is NOT the $11.5B figure this map logged as caught-late on 08-17. That is quarterly Q2 revenue, reported by Bloomberg on 08-14. This is an annualized run-rate, reported 08-17. Aggregators merged the two all day, and the quarterly figure was re-reported as though it were fresh. Two numbers, two dates, two meanings.
• The filing has not caught up with the number. No public S-1 or S-1/A has appeared on EDGAR as of 08-18; the June 1 submission remains confidential. A fall listing at a $2T target now has a run-rate attached to it and no public document — that gap is what this thread should be watching next.

2026-08-17 — Anthropic’s Q2 revenue print

• Anthropic’s Q2 revenue exceeded $11.5B, up roughly 14x year-on-year — reported by Bloomberg on 2026-08-14. Preliminary figures from documents Bloomberg reviewed: $11.5B against $787M in Q2 2025 and $4.73B in Q1 2026, with positive adjusted operating income for the quarter. (Bloomberg, CNBC)
• The gap is worth naming because of what this thread WAS carrying at the time. The 08-15 digest covered Anthropic’s IPO timeline firming to a September–October Nasdaq target with investor meetings underway and backers pressing management on Chinese model competition — without the revenue print that had landed the day before. Logged under its true date; the 08-14 and 08-15 digests are not reopened.

2026-08-15 — The timeline firms to September, and a seller picks Anthropic stock over a higher Nvidia cash bid

• WSJ reports Anthropic is targeting a September or early-October Nasdaq listing, ahead of OpenAI, and is already holding investor meetings where prospective backers are pressing on cheaper Chinese AI models, tensions with the Trump administration, and local opposition to data-center construction. A materially more advanced stage than this thread’s own 07-30 entry, which described the same idea as “chatter” the company was showing “cold feet” on. Confidential S-1 remains filed since 06-01; the ~$965B-$1T valuation range from 07-30 is referenced as unchanged in this report, distinct from the $2T-plus investor-target figure logged below on 08-13. (Investing.com/WSJ)
• Calcalist reported Anthropic’s bid for Israeli AI startup Decart firmed at roughly $7B, up from ~$6B mid-week and a roughly 50% premium to Decart’s $4B last-round valuation — further corroborating Anthropic, not SpaceX as an earlier 08-09/10 report had it, as the likely acquirer this thread flagged as unresolved on 08-13. Advanced Nvidia-Decart negotiations were halted once Anthropic entered; Nvidia is believed to have bid higher, but Decart’s founders and lead investor Sequoia Capital preferred Anthropic anyway, largely because Anthropic’s consideration is its own stock rather than cash. Signing is now expected “as soon as next month, ahead of Anthropic’s expected September IPO” — a seller taking unlisted Anthropic paper over a higher cash bid weeks before a listing. (Calcalist)

2026-08-13 — Investors reportedly target a $2T-plus October valuation, and a separate $6B acquisition is in talks

• Anthropic’s own investors are reportedly targeting a $2 trillion valuation, or higher, for an October IPO — more than double the $965B private-market print this thread has carried since May. The Financial Times reports “half a dozen” backers expect annualized revenue to reach $100-120B by year-end (versus $47B in May); Anthropic itself declined to comment and is in its SEC quiet period, so this is investor expectation, not a company-confirmed number. Morgan Stanley, Goldman Sachs and JPMorgan are leading the offering. (Yahoo Finance/FT)
• Separately, Anthropic is reported in advanced talks to acquire Israeli AI startup Decart for roughly $6 billion — what would be its largest acquisition, days before the valuation report above. Decart makes compute-efficiency infrastructure software; Bloomberg’s report (neither company confirmed; deal “could fall through”) puts the price at ~50% over Decart’s own ~$4B May valuation. This conflicts with an earlier 08-09/10 report naming SpaceX, not Anthropic, as Decart’s buyer (tracked on attention/upcoming.yaml’s decart-acquisition-close entry) — an open buyer question, not yet resolved either way. (Yahoo Finance/Bloomberg)

2026-08-02 — The confidential filing is confirmed, and it happened two months ago

• Anthropic confidentially submitted a draft Form S-1 registration statement to the SEC on 2026-06-01, announced by the company itself the same day. (Anthropic)
• The filing was covered on 06-01 by TechCrunch, Fortune (twice), PYMNTS, Fox Business and CNBC; this map logged it on 2026-07-27 as a thin single-source rumor after a small aggregator restated it. The recall failure was ours, not the sourcing’s.
• The ~$965B figure is the Series H funding-round valuation (~$65B raised, closed late May), not an IPO price — Anthropic says share count and price are not yet set.
• The underwriter trio (Goldman Sachs, Morgan Stanley, JPMorgan), the 06-03 selection date and the October-2026 target all trace to a single Bloomberg anonymously-sourced report that other outlets re-reported; CNBC’s own hedge is that October is “the earliest date under consideration” with nothing locked in. Nasdaq as the listing venue has no traceable source at all. (CNBC)
• SEC EDGAR full-text search shows no public S-1 or S-1/A, consistent with confidential draft status.

2026-07-25 — Reported confidential filing

• Anthropic reportedly filed confidentially for an IPO at ~$965B (single-source — Briefs Finance; thin, needs a second source), with an IR-director job posting read as fall-2026 prep. Days after Opus 5 shipped and the AMD deal finalized.