Anthropic selects Nasdaq for IPO, Business Insider reports
- 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.
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(Seoul = Yonhap News) Reporter Lee Seong-han = Antropic, an artificial intelligence (AI) company ahead of a large-scale initial public offering (IPO), [offered] to investors "excluding costs such as stock compensation..."
Anthropic has chosen Nasdaq for its October IPO, in the week OpenAI ruled one out
Anthropic has settled on Nasdaq for a listing it still hopes to complete in October, according to a person familiar with the plans who spoke to Business Insider. The filing remains private, and the valuation is not fixed, though estimates circulating around the deal put it near $2trn. For Nasdaq, the win completes a set. […] This story continues at The Next Web
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