Anthropic said to choose Nasdaq for much-anticipated IPO
AI race has fired up the IPO market, with US listings this year raising US$160.6 billion
The rapidly evolving AI sector has fueled a surge in initial public offerings (IPOs) on US stock exchanges this year, raising a record US$160.6 billion in total, according to Bloomberg data. Anthropic, a prominent player in the AI space, has selected Nasdaq as its prospective listing platform for an anticipated IPO that could surpass the size of SpaceX's record-setting US$86.3 billion offering in June.
The company aims to raise up to or more than SpaceX, with the potential IPO date set for October, according to sources familiar with the preparations. Anthropic's decision to list on Nasdaq aligns with a trend of major tech firms choosing the exchange for their IPOs, with four of the largest US IPOs in 2026 slated to take place on the platform.
Despite the excitement surrounding potential record-breaking numbers, Anthropic CEO Dario Amodei joined other high-profile AI figures, including OpenAI CEO Sam Altman and Elon Musk, in urging for a more cautious approach to AI development due to the increasing risks associated with the technology.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Anthropic said to choose Nasdaq for potential October IPO: report businesstimes.com.sg
- Source: Anthropic has selected the Nasdaq for its potential IPO (Katie Roof/Business Insider) businessinsider.com
- Anthropic picks Nasdaq for possible October IPO techinasia.com
- Anthropic is said to pick Nasdaq for potential IPO seekingalpha.com
- Anthropic selects Nasdaq for IPO, Business Insider reports investing.com
- Anthropic selects Nasdaq for IPO, Business Insider reports channelnewsasia.com
