Precondition (Timing): Anthropic must complete an Initial Public Offering (IPO) or direct listing on a recognized major stock exchange (such as Nasdaq or NYSE) with its first day of public trading taking place between November 1, 2026, and November 30, 2026, inclusive (in the exchange's local time zone).

• If Anthropic does not begin public trading in November 2026 (e.g., it goes public earlier, later, is acquired, or remains private through November 30, 2026), all answers will resolve NO.

Market Cap Thresholds: If the IPO occurs in November 2026:

• Each bracket represents an independent "or more" threshold. All answers with a value less than or equal to the closing market capitalization on the debut trading day will resolve YES. All answers with a value strictly greater than the debut closing market capitalization will resolve NO.

• Closing market capitalization will be determined by the market cap at market close on IPO day.