Key Insights
- Anthropic IPO orders from China and Hong Kong institutions reportedly face restrictions.
- In this latest AI news, the proposed share sale could value Anthropic at $1.4 trillion.
- Polymarket put the odds of a $1.5 trillion valuation at 78%.
Today’s AI news centers on the Anthropic IPO facing reported restrictions on institutional investors based in mainland China and Hong Kong.
Bloomberg reported that several banks refused orders or considered allocations unlikely. Some prospective investors continued exploring ways to participate in the planned Nasdaq offering.
The restrictions emerged as traders assessed the company’s potential valuation before its debut.
AI News: Anthropic IPO Excludes China and Hong Kong
Some of Bloomberg’s AI news sources linked the reported constraints to U.S. International Traffic in Arms Regulations. Those rules control trade in defense-related products. The people requested anonymity because the information was not public.
Separately, Bloomberg reported that orders for the Anthropic IPO reached roughly six times the shares available. Bankers told prospective investors that existing backers would receive priority in the allocation process.
As a result, some subscribers could receive fewer shares than requested. Reuters said Anthropic did not immediately comment on the demand report.
The reports come amid U.S.-China competition over artificial intelligence and advanced chip technology. Both Washington and Beijing view artificial intelligence as a strategic industry. In recent AI news, Nvidia, one of Anthropic’s strategic partners, announced Jensen Huang’s resignation as CEO on November 12.
The former Nvidia chief had a relationship with Alice Huang, a former executive at customer Megaspeed. The New York Times reported that U.S. intelligence believed she was recruited to gather information about him.
People briefed on the intelligence also described an alleged effort to influence Nvidia’s position on chip exports to China.
However, Attorney General Todd Blanche said the Justice Department had not concluded whether she was a spy. China denied the allegations, Reuters reported.
Polymarket Tracks Anthropic IPO Valuation Odds
In an AI news snapshot, Polymarket traders priced a 78% chance of Anthropic reaching $1.5 trillion by December 31. The contract recorded $530,951 in trading volume. An earlier November 13 snapshot showed approximately 82%.
Other contracts showed a 44% chance for $1.75 trillion and 22% for $2 trillion. Both the $2.25 trillion and $2.5 trillion outcomes stood at 9%.
On the downside, odds of the valuation hitting $800 billion or below stood at 7%. Contracts put chances at 3% for $700 billion or below and 2% for $600 billion or below.
Trading volume reached approximately $1.17 million for the $2 trillion contract. The $1.75 trillion contract recorded about $1.16 million.
The $2.25 trillion market showed $108,467 in volume, while the $2.5 trillion market recorded $611,469.
Before those terms, Bloomberg reported on November 6 that some investors discussed a $1.2 trillion to $1.3 trillion valuation. The discussions came during a U.S. technology stock selloff, The Coin Republic reported. Some investors had previously discussed valuations reaching $2 trillion. Anthropic’s May fundraising valued the company at $965 billion.
The company reported $33.2 billion in revenue for the first nine months of 2026. Its operating loss narrowed to $1.3 billion, from $5.2 billion in the same period of 2025.
Anthropic IPO Valuation and Offering Terms
In earlier AI news, the Anthropic IPO filing proposes 825 million shares at $70 to $78 apiece. The company plans to sell shares alongside existing shareholders and list on Nasdaq under the ticker ANT.
Fortune reported that the offering could raise $64.4 billion at the upper end. That price implied a fully diluted valuation of approximately $1.4 trillion.
In that AI news, the company expects pricing on November 18, subject to regulatory clearance. Trading is expected to begin November 19, and the final offering price remains undetermined. The terms and reported demand could change before the offering.
Separately, seven strategic partners, including Google and Nvidia, agreed to buy $26 billion of nonvoting shares. The private placement accompanies the Anthropic IPO.
