IPO & Governance

Anthropic Ahead of Multi-Billion-Dollar IPO: Decart Deal Called Off, ARIA Advisor Resigns

As Anthropic targets a valuation of up to $2 trillion, a $6 billion acquisition falls through and an ARIA representative resigns over conflicts of interest.

Anthropic vor Milliarden-Börsengang: Decart-Deal gestoppt, ARIA-Berater tritt zurück
KI-generiert (gpt-image-2)

Anthropic is pressing ahead with preparations for an IPO, targeting a valuation of up to $2 trillion, according to a report by thelec.net. At the same time, the AI company has called off a planned acquisition of Israeli startup Decart worth around $6 billion, according to Ynetnews and Calcalistech. The resignation of Matt Clifford from ARIA over conflicts of interest with Anthropic is drawing additional attention, according to Sifted.

  • Anthropic has ended acquisition talks with Israeli startup Decart, a deal that would have been worth around $6 billion, according to Ynetnews and Calcalistech.
  • According to thelec.net, Anthropic is targeting a valuation of up to $2 trillion for its planned IPO.
  • Bankers for Anthropic and OpenAI are pushing for investment-grade credit ratings after the IPO, according to an FT report cited by TradingView.
  • Matt Clifford has resigned from his position at ARIA, according to Sifted, after concerns arose over conflicts of interest with Anthropic.
  • According to EBC Financial Group, leveraged ETFs on Anthropic shares are already being filed even before the actual IPO.

Why did Anthropic call off the Decart deal?

According to reports by Ynetnews and Calcalistech, Anthropic has broken off negotiations over a roughly $6 billion acquisition of Israeli AI startup Decart. The available reports do not cite specific reasons for the withdrawal, though the timing coincides with Anthropic's ongoing IPO preparations.

How high could Anthropic's valuation be at IPO?

According to thelec.net, Anthropic is targeting a valuation of up to $2 trillion for its planned IPO. At the same time, according to an FT report cited by TradingView, the bankers overseeing the IPOs of Anthropic and OpenAI are preparing investment-grade credit ratings to secure access to more favorable financing terms after listing.

What's notable about Matt Clifford's resignation from ARIA?

According to Sifted, Matt Clifford stepped down from his position at ARIA after concerns arose about possible conflicts of interest with Anthropic. The report does not provide further details on the exact points of conflict.

What would investment-grade ratings mean for Anthropic after the IPO?

According to the FT report distributed by TradingView, the bankers for Anthropic and OpenAI aim to secure top-tier credit ratings following their respective IPOs. An investment-grade rating is seen as a signal of financial stability and, according to the reports, can facilitate access to capital markets.

Beyond capital market activity, Anthropic's internal research structure is also becoming more visible: according to a report by 36Kr, a roughly 20-person team called Anthropic Labs operates under a process where decisions on whether to continue or shut down individual projects are made every two weeks. Up to 80 percent of the ideas pursued are allowed to fail, according to the report.

The upcoming IPO is already attracting speculative interest in the capital markets: according to EBC Financial Group, leveraged ETFs on a potential Anthropic stock have been filed even though the company is not yet publicly traded.

The events surrounding the canceled Decart deal, the ARIA resignation, and the preparations for investment-grade ratings show how strongly Anthropic currently finds itself at the intersection of growth, governance, and capital market readiness. Until an actual IPO at the targeted $2 trillion valuation materializes, open questions remain about the timing and structure of the listing, according to the available reports.

Sources

  1. Report: Anthropic walks away from $6 billion deal to acquire Israeli AI startup Decart · 2026-09-08
  2. Anthropic drops plans to acquire Israeli AI startup Decart · 2026-09-08
  3. Matt Clifford quits ARIA after Anthropic conflict of interest concerns · 2026-09-08
  4. OpenAI, Anthropic bankers seek investment-grade credit ratings post-IPO, FT says · 2026-09-08
  5. Anthropic Targets $2 Trillion Valuation in IPO · 2026-09-08
  6. Anthropic Isn't Public Yet. Why Are Leveraged ETFs Already Filing for Claude Stock? · 2026-09-08
  7. Anthropic Labs Uncovered: 20-Person Team, Biweekly Retention or Departure Decisions, 80% Idea Failure Permitted · 2026-09-08

Last updated:

Related stories