Anthropic selects Nasdaq for IPO, Business Insider reports
- On Sunday, tech startup Anthropic selected Nasdaq for its potential initial public offering, according to Business Insider. The company is targeting an October listing.
- SpaceX listed on the exchange earlier this year, marking a shift from the New York Stock Exchange's historical dominance. Both exchanges hope to secure future AI IPOs.
- Estimates value Anthropic at $2 trillion, though the figure remains unfinalized. The company must release financials at least 15 days before its investor road show begins.
- OpenAI CEO Sam Altman recently stated his firm would not go public amid controversy surrounding existential threats from AI. His position contrasts sharply with Anthropic's IPO momentum.
- Last week, a viral tweet from a former Anthropic employee warning of a greater than 10% human extinction risk gained attention. This scrutiny adds complexity to the IPO environment.
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53 Articles
Anthropic Picks Nasdaq for Blockbuster IPO as It Chases $2 Trillion Valuation Amid AI Safety Warnings
Anthropic selects Nasdaq for an October IPO that could value the company above $2 trillion, backed by $65B annualized revenue and second-quarter profitability. The move comes as CEO Dario Amodei calls for slower AI development, creating tension with its growth narrative. Markets felt the impact immediately.
Antropic, an artificial intelligence (AI) company preparing for an initial public offering (IPO), is expected to record a profit in adjusted operating income for two consecutive quarters. The Financial Times (FT) reported on the 13th (local time) that Antropic explained to investors that “adjusted operating income, excluding certain expenses such as stock compensation, will be positive for two consecutive quarters.” According to multiple sources…
(Seoul = Yonhap News) Reporter Lee Seong-han = Antropic, an artificial intelligence (AI) company ahead of a large-scale initial public offering (IPO), [offered] to investors "excluding costs such as stock compensation..."
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