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Anthropic IPO: AI giant files for Nasdaq listing, could raise up to $100 billion; check important dates

Anthropic IPO: AI giant files for Nasdaq listing, could raise up to $100 billion; check important dates

Photo: ET Now

Anthropic, the company behind the Claude AI chatbot, has filed paperwork for an initial public offering (IPO). The San Francisco-based firm submitted its documents on Monday, setting up a possible Wall Street listing as early as next month. The offering could become the largest stock market debut in history. It would surpass SpaceX's June IPO, which raised about USD 86 billion. Reports suggest Anthropic could raise as much as USD 100 billion, though the final amount, share price and valuation have not been set and depend on market conditions. Anthropic plans to list on the Nasdaq Global Select Market under the ticker "ANT". Losses widen despite rapid growthThe 335-page filing shows fast revenue growth alongside heavy losses.

First reported by ET Now. This page is a short excerpt; the full text is theirs.

Read the full story at ET Now

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