Anthropic said to be shifting IPO launch to mid-October
The shift pushes back what some investors say could be a US$2 trillion listing, a major test of public-market appetite for the rapidly growing AI industry.
AI company Anthropic is expected to delay the marketing of its initial public offering (IPO) to mid-October at the earliest, sources say. The company's IPO prospectus is now anticipated to be released in late September, rather than next week as previously expected. This shift in the IPO timeline is due to ongoing preparations and regulatory reviews.
Anthropic's IPO, one of the largest ever attempted, is a significant test for public interest in the rapidly expanding artificial intelligence sector. The company is reportedly seeking to finalize a $15 billion revolving credit facility, with analysts from the involved banks to meet with the company following this decision. The upcoming IPO is anticipated to be highly anticipated, as investors seek exposure to the rapidly growing AI industry.
Some other AI companies, including OpenAI, could potentially list their shares around the same time.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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