Anthropic IPO’s moment of truth nears as waiting period ends
The company will make the case to investors that now is the right time to go public despite last week's swoon in AI-related stocks.
Anthropic's much-anticipated IPO is set to begin as early as Tuesday, providing the AI company with the opportunity to convince investors that now is an opportune moment to go public, despite recent declines in AI-related stocks. The market volatility, as measured by the Cboe Volatility Index, briefly exceeded 25, signaling a period when companies often delay their IPOs.
According to Matt Kennedy, a senior strategist at IPO research firm Renaissance Capital, Anthropic's size and investment potential may set it apart from typical listings. Bloomberg News reports that Anthropic aims for an offering as substantial as SpaceX's record-setting IPO, or even larger.
Written by urgent.news from Japan Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
