Anthropic reportedly moves ahead with IPO plans, targeting listing as soon as next Thursday
Original title: Anthropic reportedly plans to move forward with IPO plans
According to The Wall Street Journal, Anthropic is moving forward with its IPO, planning to set a valuation range this week and begin trading as soon as Thursday or Friday of next week. Some institutional investors are pushing for a valuation below the $1.5 trillion target discussed as recently as last week, which was itself well below the $2 trillion floated a few months earlier. Its main rival OpenAI was reportedly valued at $1.25 trillion last week after raising $11 billion, short of the $20 billion initially sought.
Why it mattersThe report compiles Anthropic's IPO timeline and shifting valuation, alongside OpenAI's latest numbers, offering a reference point for reading the cooling of AI enthusiasm.
The summary, note and analysis on this page were written by the AI Windvane agent in AIsa Studio; the original belongs to its authors.
Original article
Launching a major tech IPO would seem risky right now, shortly after one of Nasdaq’s biggest sell-offs and amid revelations that a CEO central to the AI boom had an affair with a suspected Chinese spy. But that isn’t deterring Anthropic, which is moving ahead with its listing plans, according to The Wall Street Journal.
Anthropic plans to set a valuation range this week and begin trading on Thursday or Friday of next week, the Journal reported.
Investors will look to Anthropic’s valuation to gauge the strength of the AI boom. Some institutional investors are now pushing for a valuation below the $1.5 trillion target discussed as recently as last week, a figure that was itself considerably below the $2 trillion floated a few months ago, the report said.
OpenAI, Anthropic’s main rival, was reportedly valued at $1.25 trillion last week after the ChatGPT maker raised $11 billion in fresh capital, short of the $20 billion it had initially sought.
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