Anthropic has informed investors it expects profitability this quarter, marking its second consecutive period in the black. The artificial intelligence developer is eyeing a Nasdaq listing that could value the company at $2 trillion, placing it among the world's most valuable technology companies.

A $2 trillion valuation reflects institutional appetite for foundational AI infrastructure and large language models. The Nasdaq index is trading at 26,333, up one percent, indicating investor appetite for growth-stage tech.

Anthropics's specific timeline for its Nasdaq listing remains undisclosed. The company's sustained profitability provides a foundation for an initial public offering in the coming quarters.