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Anthropic Selects Nasdaq for IPO, Business Insider Reports
The AI company is targeting an October listing and must disclose financials at least 15 days before its investor road show, a person familiar said.
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.