Anthropic Files for IPO, Puts AI Risks in Spotlight

What’s in the filing

Anthropic PBC, the company behind Claude, took a formal step toward an initial public offering, with plans to trade on the Nasdaq Global Select Market using the symbol ANT. Monday’s filing follows a confidential submission in June and moves the company closer to becoming the first business primarily focused on cutting-edge AI models to reach the public markets.

Both the company and certain shareholders intend to sell stock in the offering, with the number of shares to be detailed in a forthcoming amendment. Bloomberg has reported Anthropic could start investor meetings as early as the week of Nov. 9, and people familiar have said it aims to rival or exceed SpaceX’s record-setting IPO.

The listing is set up as a barometer for demand tied to the AI theme after a four-year run in U.S. equities. Anthropic says tapping public markets will help it keep pace as builders of frontier AI models collectively commit hundreds of billions of dollars to compute and data centers. The company is expected to reach public markets before OpenAI, a timing that could give Claude’s maker a funding edge.