Recent reports confirm that Anthropic has selected Nasdaq as its listing venue ahead of a planned IPO targeting late 2026, driving the market's overwhelming consensus. The artificial intelligence developer behind the Claude large language model follows a pattern seen with other major tech and AI firms, including SpaceX earlier this year, as Nasdaq continues to attract high-profile flotations that also qualify for the Nasdaq 100. Preparations include a confidential S-1 filing, substantial credit facilities, and strong revenue growth amid heavy infrastructure spending. While this positions Nasdaq firmly in the lead, realistic shifts could arise from extended delays, evolving market conditions, or an unexpected pivot to another exchange before the final prospectus and roadshow.