Anthropic Schedules Investor Meetings for Potential IPO This Year

Anthropic is scheduling investor meetings ahead of a potential initial public offering later this year, according to a person with knowledge of the plans. Bankers leading the offering are arranging meetings between prospective investors and executives of the artificial intelligence firm behind the Claude models. The investor meetings indicate Anthropic's IPO preparations are advancing, as bankers begin gauging investor demand before a formal roadshow and eventual share sale. Anthropic confidentially filed its IPO prospectus with the Securities and Exchange Commission in June. The AI startup could debut on public markets as soon as October, though timing could change, according to Bloomberg.

Anthropic Filed IPO Prospectus with SEC in June

Anthropic confidentially filed its IPO prospectus with the Securities and Exchange Commission in June. The company has not publicly disclosed when it plans to debut. An Anthropic spokesperson declined to comment on the investor meetings or IPO timing. An Anthropic listing would build on momentum from June's massive SpaceX IPO. OpenAI also confidentially filed for an IPO with the SEC in June, but has not disclosed additional details.

Anthropic Closed $65 Billion Funding Round at $965 Billion Valuation in May

Anthropiclosed a $65 billion funding round at a $965 billion valuation in May, pushing it above OpenAI's $852 billion valuation for the first time. Anthropic was founded in 2021 by a group of executives and researchers who defected from OpenAI over concerns about the company's direction. The company has found early success selling to enterprises, in large part due to its popular coding assistant, Claude Code.

Goldman Sachs, Morgan Stanley, JPMorgan Chase Involved in IPO Planning

Goldman Sachs, Morgan Stanley and JPMorgan Chase, the three biggest Wall Street banks by revenue, are involved in the IPO planning. The AI spending boom has fueled a resurgence in profit for Wall Street firms as they seek to satisfy investors clamoring for ways to fund the buildout and invest in or hedge aspects of the theme.

FAQ

What did Anthropic do in June regarding its IPO?

Anthropic confidentially filed its IPO prospectus with the Securities and Exchange Commission in June.

What valuation did Anthropic achieve in its May funding round?

Anthropic closed a $65 billion funding round at a $965 billion valuation in May, surpassing OpenAI's $852 billion valuation for the first time.

Which banks are involved in Anthropic's IPO planning?

Goldman Sachs, Morgan Stanley and JPMorgan Chase are involved in the IPO planning.