Anthropic is reportedly close to securing a $15 billion pre-IPO revolving credit facility, more than six times the $2.5 billion facility it obtained last year and above Bloomberg’s reported target of more than $10 billion. The financing follows private rounds that valued the company at $965 billion after a $65 billion May 2026 round and at $380 billion after a $30 billion February round. Reuters reported that Anthropic confidentially filed for a U.S. IPO in June, potentially encouraging banks to seek roles underwriting the offering. Market pricing reflects expectations that Anthropic could reach a $1.75 trillion to $2.0 trillion market capitalization at IPO. Observers are watching for official filing details, the expected valuation range, participating underwriting banks, credit-facility terms, and the effects of AI-market trends or regulatory developments on investor sentiment.