IPO competition among AI companies begins in earnest after the US Labor Day holiday ends

(Seoul = Yonhap News) Reporter Seonghan Lee = Bloomberg News reported on the 9th (local time) that after the U.S. Labor Day holiday, companies began rushing toward the year-end initial public offering (IPO) market.

In addition to Antropic, which is receiving the most attention, major candidates include British neocloud company Enscale, power supplier Aggreco, and consumer medical technology manufacturer Oura Health.

Ajay Shah, head of Deutsche Bank's technology investment bank, said, "There are a wide range of AI fields that could attract investors' interest, including data centers, power and cooling systems, and consumer healthcare."

Despite negative factors such as rising oil prices, wars in the Middle East and Ukraine, and the possibility of interest rate hikes, these AI companies see bright prospects for their IPOs.

In the case of Antropic, it is aiming for an all-time IPO record that surpasses the $86 billion (approximately KRW 115 trillion) set by Elon Musk's SpaceX.

Open AI is also planning its largest ever listing either this year or next year.

Matt Kennedy, chief strategist at Renaissance Capital, said, "Investors were willing to give Space

He expressed his expectations, saying, “I think Antropic will also be able to justify its valuation, which is estimated at $2 trillion.”