Anthropic plans to present updated third-quarter financial figures to a select group of large investors this week, offering a fresh look at the AI startup’s growth as it prepares for a potential blockbuster IPO.

The company is expected to share the numbers at an in-person meeting with prospective institutional backers at its headquarters on Wednesday, CNBC reported, citing people familiar with the plans.

Bloomberg first reported Anthropic’s plans to meet with investors earlier this month.

The disclosure comes as revenue figures from privately held AI companies increasingly influence public-market sentiment, particularly around chipmakers and technology stocks.

Last week, investors were caught off guard when OpenAI shared a lower revenue figure with existing investors than previously reported. The ChatGPT maker told investors its annualized revenue was approaching $50 billion at the end of September, compared with the $70 billion figure that had circulated earlier.

The revised figure excluded revenue tied to cloud partners, and a person familiar with the matter said the difference did not indicate weakening demand. It remains unclear whether Anthropic will similarly distinguish partner-related revenue in its upcoming presentation.

The figures could help investors assess Anthropic’s growth trajectory and the valuation it could command in public markets. According to CNBC, the company is pursuing plans that could support a valuation in the trillions of dollars, with revenue potentially exceeding $100 billion by year-end.

The planned disclosure also comes as rising interest rates add uncertainty to the outlook for high-growth technology companies. Bankers are watching investor appetite for AI-related offerings as lofty revenue expectations and private-market valuations face scrutiny.

Anthropic has confidentially filed paperwork with the Securities and Exchange Commission, although its registration statement has not been made public.

The Claude maker could begin actively marketing its IPO as early as the week of Nov. 9, potentially setting up a stock market debut before Thanksgiving on Nov. 26, Benzinga previously reported.

The timeline follows a delay in the company’s plans to go public, and discussions remain ongoing, with the timing subject to further changes, according to people familiar with the matter.

Anthropic’s latest financial figures could offer investors a clearer picture of the business ahead of its anticipated listing, particularly as questions about how AI companies report revenue add another layer of scrutiny to the sector’s multibillion-dollar valuations.