Anthropic adds Citigroup to lead IPO banks ahead of listing - Bloomberg

Anthropic, an artificial intelligence firm, is set to add Citigroup to its lead IPO banks ahead of its upcoming listing, as reported by Bloomberg. Citigroup would join Morgan Stanley, Goldman Sachs, and JPMorgan Chase in the top ranks of advisers on the deal, which could potentially increase the bank's share of the fees and bolster its ranking in league tables.

Citigroup previously participated in a $2.5 billion revolving credit line agreement with Anthropic last year, and the AI firm's revolver is expected to surpass its $10 billion target.

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