Anthropic credit line could exceed $10 billion ahead of IPO

Anabelle Colaco
20 Aug 2026, 12:59 GMT+10

Anthropic's revolving credit facility is expected to surpass its roughly $10 billion target as the artificial intelligence company prepares for what could be one of the biggest public listings on record
Banks are competing to participate in the expanded credit line in hopes that their involvement will strengthen their chances of securing a role in Anthropic's initial public offering
Anthropic has asked banks that are most active in arranging the credit facility to commit about $1.25 billion each, according to the report

SAN FRANCISCO, California: Anthropic's revolving credit facility is expected to surpass its roughly $10 billion target as the artificial intelligence company prepares for what could be one of the biggest public listings on record, Bloomberg News reported.

Banks are competing to participate in the expanded credit line in hopes that their involvement will strengthen their chances of securing a role in Anthropic's initial public offering, Bloomberg reported, citing people familiar with the matter.

Anthropic has asked banks that are most active in arranging the credit facility to commit about $1.25 billion each, according to the report.

A second tier of active lenders has been encouraged to provide around $1 billion each, while commitments from banks taking less active roles would fall to about $750 million or less, Bloomberg said.

Discussions over the facility remain ongoing, and Anthropic could ultimately decide to limit the size of the revolving credit facility to its original target or even below that level, according to the report.

Anthropic confidentially filed for a U.S. initial public offering in June. The company did not immediately respond to a request for comment.

The company, which is behind the Claude chatbot, is projecting revenue of roughly $190 billion to $200 billion in 2028, Reuters reported on Friday.

Anthropic's annual revenue run rate topped $65 billion by the end of July.