Anthropic Delays IPO from October to November 2026 Amid Growth Metrics

Anthropic has postponed its IPO from October to November 2026, aiming for a valuation of approximately $2 trillion. The company plans to raise up to $100 billion as part of this process. In Q2 2026, Anthropic reported a significant increase in ad revenue, rising from about $4.7 billion in Q1 to over $11.5 billion. Infrastructure spending also surged by 65%, from $3.4 billion to $5.6 billion in the same period. The adjusted operating margin improved from negative 13% to a positive single-digit percentage. The number of companies spending over $100,000 on Anthropic's AI software increased dramatically from 1,500 at the end of 2025 to about 6,000 by the end of Q2 2026. Furthermore, more than 100 companies are now spending over $10 million, and over 1,000 companies are spending more than $1 million. Anthropic's projected revenue for 2028 is estimated to be between $190 billion and $200 billion, with cash reserves reported between $120 billion and $130 billion in early August. This follows OpenAI's decision to delay its IPO to 2027, highlighting a trend among major AI firms in managing their public offerings amid fluctuating market conditions.