Investor outreach is accelerating for artificial intelligence startup Anthropic as it explores a stock market debut that could come as soon as October. The process positions the Claude developer to potentially reach public markets before OpenAI, extending a revival in major technology listings after SpaceX’s June IPO.
Highlights
- Anthropic executives and major banks including Goldman Sachs, Morgan Stanley, and JPMorgan Chase begin meetings with prospective investors ahead of a possible IPO, with timing not yet disclosed.
- Anthropic confidentially files its IPO prospectus with the SEC in June, aiming to beat OpenAI to public markets and potentially reopen broader AI sector listings.
- Anthropic completes a $65 billion funding round in May at a $965 billion valuation, overtaking OpenAI’s $852 billion valuation and fueling Wall Street bank profits amid strong AI financing demand.
IPO preparations and investor outreach
As reported by CNBC, citing Bloomberg, bankers are scheduling meetings between prospective investors and Anthropic executives ahead of a possible initial public offering. The talks indicate the company’s preparations are moving forward before a formal roadshow and eventual share sale, although the timing remains subject to change.Goldman Sachs, Morgan Stanley and JPMorgan Chase are involved in the planned offering, according to a person familiar with the matter cited by CNBC. Anthropic confidentially files its IPO prospectus with the Securities and Exchange Commission in June, but the company does not publicly disclose a listing date, and a spokesperson declines to comment.
AI listing race and Wall Street impact
An Anthropic flotation would add to the momentum created by SpaceX’s June IPO and could further reopen public markets to companies at the center of the artificial intelligence boom. The sector has remained largely private for years even as leading groups raise hundreds of billions of dollars from investors.Anthropic appears set to reach the market before OpenAI, which also confidentially files for an IPO with the SEC in June without giving further details. Founded in 2021 by former OpenAI executives and researchers, Anthropic gains early traction with enterprise customers, helped by its Claude Code coding assistant.
The company closes a $65 billion funding round in May at a $965 billion valuation, surpassing OpenAI’s $852 billion valuation for the first time. Strong demand for AI-related financing is also supporting a rebound in profits for major Wall Street banks as investors seek exposure to the buildout of the sector.
Our earlier coverage of Amazon’s Q1 results highlighted how accelerating AWS growth and a planned $25 billion bond sale were reinforcing investor optimism around AI and cloud infrastructure spending. It also noted Amazon’s expanded AI partnerships, including work with Anthropic, as a key driver behind the stock’s bullish momentum, while flagging near-term overbought technical signals.
Latest Anthropic News
- Forex
- Crypto