Updated
Updated · Bloomberg · Jun 4
Anthropic Picks 3 Banks for IPO as It Races OpenAI to Go Public
Updated
Updated · Bloomberg · Jun 4

Anthropic Picks 3 Banks for IPO as It Races OpenAI to Go Public

3 articles · Updated · Bloomberg · Jun 4

Summary

  • Anthropic has selected Morgan Stanley and Goldman Sachs to lead its planned initial public offering, with JPMorgan also joining the underwriting lineup, according to people familiar with the matter.
  • The bank appointments show the Claude chatbot maker is moving ahead on IPO preparations as it tries to beat rival OpenAI to become the first major AI model developer to list publicly.
  • The selections remain private, but bringing in three Wall Street heavyweights signals the company is shifting from fundraising mode toward execution planning for a market debut.

Insights

Will Anthropic's 'safe bet' strategy outlast OpenAI's mass-market lead in the public markets?
As AI giants race to Wall Street, will the pursuit of profit compromise their commitment to AI safety?
With near-trillion-dollar valuations but massive cash burn, are AI giants building the next tech bubble?