Anthropic PBC is considering a listing as soon as October, according to people familiar with the matter, as the AI company competes with rival OpenAI Inc. to hold an initial public offering (IPO).
The maker of a popular cloud AI chatbot has had preliminary discussions with Wall Street banks about taking the lead on a potential listing, the people said, asking not to be identified because the information is not public. Goldman Sachs Group, JPMorgan Chase & Co. and Morgan Stanley could be considered for key roles in the listing of Anthropic and OpenAI, some said.
Information The timing of Anthropic’s IPO was previously reported. According to the report, more than $60 billion can be raised from a listing.
The people said discussions were ongoing and no final decision had been taken. Representatives for Anthropic, Goldman Sachs and JPMorgan declined to comment. Spokespeople for OpenAI and Morgan Stanley did not immediately respond to requests for comment.
Anthropic was valued at $380 billion in a $30 billion funding round closed in February, co-led by MGX. It has partnerships with Alphabet Inc.’s Google, Amazon.com Inc., Microsoft Corp. And Nvidia Corp. There is a partnership with. These established firms have taken stakes in AI startups, and given Anthropic specialized chips and other technology in deals worth tens of billions of dollars.
Founded in 2021 by former OpenAI employees, including Chief Executive Officer Dario Amodei, Anthropic aims to be a more responsible AI manager than its competitors. The cloud and its underlying technology has gained traction among enterprise customers as well as developers in sectors such as finance and healthcare. Anthropic has pledged to spend $50 billion to build custom data centers in the US.
Anthropic ran afoul of the Pentagon earlier this year, which declared the company a threat to the U.S. supply chain under authority typically reserved for foreign adversaries. The company won a court order on Thursday blocking a ban on government use of the technology, after Anthropic argued the move could cost it billions of dollars in revenue.
