Business20 sources

Anthropic Files for IPO, Plans November Listing on Nasdaq

  • Anthropic, the AI company behind the popular Claude chatbot, filed for an initial public offering (IPO).
  • The IPO is planned for mid-November, with the company's S-1 filing indicating it will list on Nasdaq under the ticker 'ANT'.
  • Anthropic's S-1 filing devotes 90 pages to risk factors, with the company's valuation estimated between $1.5 trillion and $2 trillion.
  • The company spent less than a third of its $8.9 billion first-half compute bill on serving customers, with most of the rest going into training, research, and running Claude internally.
  • JPMorgan will lead retail share sales for Anthropic's IPO.

Timeline

  1. Anthropic IPO filing raises questions

    Anthropic's IPO filing raises questions about its revenue targets and risks.

  2. Anthropic's $131.7B war chest

    Anthropic's $131.7B war chest trails only Berkshire Hathaway and Alphabet.

  3. Anthropic plans UK share offering

    Anthropic plans UK share offering via RetailBook for its IPO.

  4. Anthropic offers US gov't 40% off

    Anthropic offers US government buyers a 40% discount on Claude.

  5. Anthropic warns of uninsurable risks

    Anthropic warns that some risks may be uninsurable.

  6. Latest

    Publishers criticize book sales to Anthropic

    Publishers criticize book sales to Anthropic, citing ethical concerns.

Anthropic Files for IPO, Plans November Listing on Nasdaq | Split Angle