Anthropic Selects Wall Street Banks to Lead Planned IPO
Artificial intelligence company Anthropic has reportedly chosen leading investment banks to manage its upcoming initial public offering (IPO), according to a Bloomberg report. The company behind the popular Claude AI chatbot has selected Morgan Stanley and Goldman Sachs as the primary underwriters for the offering, while JPMorgan Chase will also participate in the deal.
Anthropic Eyes Public Listing as Early as October
Sources familiar with the matter indicate that Anthropic is considering going public as early as October. The company has already submitted confidential IPO paperwork, allowing it to prepare for a public debut while keeping financial details private during the early stages of the process.
The report also noted that additional investment banks could be added to the underwriting syndicate as preparations continue.
Valuation Surpasses OpenAI
Anthropic recently achieved a valuation of approximately $965 billion following its latest funding round, cementing its position among the world’s most valuable private technology companies.
Notably, the valuation reportedly exceeded that of its primary competitor, OpenAI, marking a significant milestone in the rapidly growing artificial intelligence sector.
IPO Plans Remain Subject to Change
While preparations are moving forward, the final structure and timing of the IPO have not yet been finalized. Discussions remain ongoing, and details surrounding the public offering could change before the company officially files for a stock market listing.
SpaceX Also Preparing for a Historic IPO
Anthropic’s IPO plans come as several major private companies prepare to enter public markets. Among the most anticipated listings is SpaceX, which is expected to go public as early as June 12 with a targeted valuation of $1.8 trillion.
SpaceX is particularly relevant to Anthropic because its Grok AI platform competes directly with Claude, while the aerospace company also serves as one of Anthropic’s key infrastructure providers.
Multi-Billion-Dollar AI Computing Agreement
According to disclosures contained in SpaceX’s IPO filing, the companies have signed a major agreement that will provide Anthropic with significant artificial intelligence computing resources.
The deal includes access to approximately 325,000 Nvidia chips and carries an estimated cost of $1.25 billion per month. The agreement is expected to remain in effect through May 2029, highlighting the enormous computing demands required to train and operate advanced AI models.
OpenAI Also Exploring IPO Plans
Anthropic is not the only AI company considering a stock market debut. Bloomberg previously reported that OpenAI has held discussions with several major banks, including Goldman Sachs, Morgan Stanley, Citigroup, and JPMorgan, regarding a potential future IPO.
OpenAI CEO Sam Altman recently stated that the company intends to pursue a public listing when management believes the timing is appropriate for the business.
As competition intensifies across the artificial intelligence industry, investors are closely watching whether Anthropic could become one of the largest and most significant technology IPOs in recent history.
