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Anthropic unveils details of planned historic stock market debut

Anthropic unveils details of planned historic stock market debut

Summary

Anthropic disclosed details of its business and plans to list on the Nasdaq under the ticker ANT. The company has not yet set the number of shares or their price range, and its expected valuation could exceed the roughly $1.8 trillion valuation reported for SpaceX’s stock listing this summer.

Key Facts

  • Anthropic makes the Claude AI chatbot.
  • The company said it intends to sell shares to the public and list on the Nasdaq under the symbol ANT.
  • Anthropic has not determined how many shares it will offer or their price range.
  • Its expected public-market valuation is reported to exceed SpaceX’s roughly $1.8 trillion initial valuation this summer.
  • Anthropic was founded five years ago by CEO Dario Amodei, his sister Daniela Amodei and five other co-founders.
  • Anthropic announced its plan to go public in June; rival OpenAI has also said it intends to list, with its debut expected early next year, according to a person familiar with its plans.
  • Anthropic’s documents restated its commitment to developing AI for public benefit and warned investors about risks from the technology.
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