Goldman, BofA vie for Anthropic IPO wealth management as market cap expectations soar

Anthropic official brand assets (anthropic.com) Anthropic, the San Francisco-based AI lab known for developing the Claude chatbot, is preparing to assist its staff with wealth management as it edges closer to an anticipated IPO. Financial institutions Goldman Sachs and Bank of America are reportedly competing to manage the IPO proceeds for Anthropic’s employees. The company, which achieved a valuation of $965 billion following a $65 billion funding round in May 2026, is being closely watched by markets as a major IPO candidate, suggesting expectations of substantial equity stakes for its staff. The developments appear to have influenced market expectations around Anthropic’s IPO market capitalization. Current pricing in prediction markets suggests a notable expectation of Anthropic achieving a market cap between $1.75 trillion and $2.25 trillion at the close of its IPO day. Sub-markets indicate a 22% likelihood for both these ranges, reflecting strong interest and a possibly optimistic outlook from market participants about Anthropic’s valuation prospects. The competition between Goldman Sachs and Bank of America for Anthropic’s wealth management business underscores the high stake...