People familiar with the matter say artificial intelligence model developer Anthropic is seeking to hold an initial public offering (IPO) as early as mid-November.

The sources said the company could officially launch its IPO roadshow as early as the week of November 9, with trading potentially beginning before Thanksgiving. This year Thanksgiving falls on November 26, and trading activity typically slows noticeably in the days around the holiday.

The people said Anthropic still expects to complete its listing by the end of this year at the latest. Earlier reports said the AI developer had originally planned to publicly file for an IPO after the summer.

The discussions are still ongoing, and the timetable may continue to change.