The US-based AI company Anthropic has formally submitted its prospectus to Nasdaq, with the intention of going public and trading under the ticker symbol ANT. The market anticipates that the company will raise around $100 billion, with its valuation potentially soaring to a maximum of $2 trillion, which could make it the largest initial public offering (IPO) in history. Established in 2021 by former members of OpenAI, Anthropic has its sights set on its Claude series of large - scale models. Following commercialization, its revenue has experienced rapid growth. In the second quarter of 2026, it achieved operational profitability for the very first time. Enterprise clients have emerged as the main source of revenue, with new models and related products playing a pivotal role in fueling this revenue surge. However, Anthropic is not without its challenges. It is under significant pressure due to the massive investments required for computing power procurement. The scale of these investments has reached hundreds of billions of dollars, and the investment terms extend all the way to 2036. The market's primary concern revolves around whether Anthropic's high - growth trajectory can continue to support its high valuation and withstand the enormous investment pressures. Moreover, the company's distinctive dual - class share structure arrangement has also attracted a great deal of attention. If Anthropic successfully goes public, it will mark the first time that a leading large - model company has fully disclosed its operational details to the public market.