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BackAnthropic postpones IPO until mid-October
Anthropic postpones IPO until mid-October
Developing
Handelsblatt43 minutes agoBusiness1 min readGermanyView original

Anthropic postpones IPO until mid-October

Quick Look

  • The AI ​​specialist Anthropic is postponing its planned IPO until mid-October at the earliest, insiders report.
  • The stock market debut is scheduled to take place a few days before the US congressional elections in November.
  • With a target valuation of up to $2 trillion, it would be one of the highest valued IPOs in history.

AI-generated summary

Why It Matters

Anthropic is a company specializing in artificial intelligence that competes with other AI companies. The IPO was originally expected for next week.

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New York. According to insiders, the company Anthropic, which specializes in artificial intelligence (AI), is postponing its planned IPO. The courting of investors will not begin until mid-October at the earliest, several people familiar with the process told the Reuters news agency on Friday.

The stock market debut should then take place a few days before the US congressional elections in November. The publication of the stock exchange prospectus was originally expected for the coming week; The end of September is now planned.

With a targeted valuation of up to $2 trillion, the IPO would be one of the highest valued in history and a key test of investor interest in the rapidly growing AI industry. Anthropic is still negotiating a credit line of $15 billion, the sources said.

The company and the banks involved declined to comment or could not initially be reached. In June, Elon Musk's space company SpaceX went public with a record valuation of $1.77 trillion.

What to Watch

AI outlook — possibilities, not facts

  • Anthropic's IPO will take place in October.

    Likely · Within weeks

  • Anthropic reaches a valuation of up to two trillion dollars.

    Possible · Within months

Open Questions

  • Which banks are involved in the listing?
  • How exactly is the $15 billion credit line structured?
  • How will the IPO affect the valuation of other AI companies?

Related Topics

This article was originally published by Handelsblatt.

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