Recent reports from Bloomberg and Business Insider, citing sources close to the preparations, indicate that Anthropic has selected Nasdaq as its listing venue for a potential record-sized IPO targeting late 2026, driving the 90.8% market-implied odds. This aligns with Nasdaq’s recent success attracting major tech and AI debuts, including SpaceX, and positions the Claude developer for index eligibility amid strong revenue growth and enterprise adoption. Trader consensus reflects the confidential S-1 filing progress and lead underwriters’ involvement, though delays from market volatility, AI safety disclosures in the prospectus, or shifts in timing could still allow a pivot to NYSE or another option before final resolution.