Anthropic's Fable 5.2 represents "Jagged AGI" that matches human expert levels on select tasks like game design, but lacks self-directed judgment and taste (Ethan Mollick/One Useful Thing)

Anthropic, a technology company, has begun its process to go public through an initial public offering (IPO). This IPO involves the sale of 825 million shares of Class A common stock. Out of this total, 801.35 million shares will be offered by Anthropic itself, while 23.65 million shares will be offered by existing shareholders.

Importantly, Anthropic will not receive any funds from the sale of shares by these other investors. The company has the option to grant underwriters a 30-day window to buy up to an additional 123.75 million shares. The IPO is expected to take place between $70.00 and $78.00 per share. Anthropic has applied to have its Class A common stock listed on the Nasdaq Global Select Market, using the ticker symbol ANT.

The offering will be conducted through a prospectus, which can be accessed from Goldman Sachs & Co., Morgan Stanley & Co., or by contacting their prospectus departments. A registration statement has been submitted to the U.S. Securities and Exchange Commission, but it has not yet been approved. These securities cannot be sold or have purchase offers accepted until the registration statement is officially effective.

This announcement does not represent an offer to sell or solicit the purchase of these securities, and they will not be traded in any jurisdiction where such offers or sales would be prohibited before proper registration or qualification.