Anthropic said to pick JPMorgan to lead IPO’s US retail offering

Anthropic PBC has tapped JPMorgan Chase & Co. to lead US sales of shares to individual investors in its potentially record-setting initial public offering, people familiar with the matter said. The company behind Claude has weighed a retail offering of about 15% to 20% of the shares available in the IPO overall, some of the people said. JPMorgan Chief Executive Officer Jamie Dimon is expected to take part in the Wall Street bank’s campaign, one of them added.JPMorgan is reprising its role leading the effort to gather retail orders for SpaceX’s $86.2 billion IPO, which saw more than $100 billion of demand from individual investors, Bloomberg News has reported. Citigroup Inc.

Also reported by Bloomberg.com.

First reported by CNBCTV18. This page is a short excerpt; the full text is theirs.