Anthropic IPO launch shifts toward mid-October, sources say

Anthropic, the artificial intelligence company, is on track to launch its initial public offering (IPO) in mid-October, sources have reported. The company had been expected to release its IPO prospectus as early as next week, but this is now anticipated to occur by late September. This shift pushes back the IPO, which could be a $2 trillion listing and a major test for public-market interest in the AI industry, according to people familiar with the matter.

The timing of the IPO is subject to change, as companies often adjust their schedules based on market conditions, regulatory reviews, and other preparations. Anthropic is in the final stages of completing its IPO, which includes finalizing a $15 billion revolving credit facility. Analysts from the banks involved in the financing are expected to meet with Anthropic for this purpose, with a tighter window than usual due to their familiarity with the company's IPO process.

The IPO is expected to be one of the most highly anticipated in recent history, as investors seek exposure to the rapidly growing AI sector. The offering could coincide with potential listings from other AI companies, such as OpenAI. Notable banks involved in the IPO include Morgan Stanley, Goldman Sachs, JPMorgan, and Citi. However, the banks declined to comment on the situation.