Anthropic files S-1 paperwork for blockbuster AI IPO

From the source

Artificial intelligence giant Anthropic PBC filed papers today for an initial public offering with the U.S. Securities and Exchange Commission, putting it on track for what will likely be the biggest stock market debut of an AI developer to come, amid warnings about advanced AI. In its filing, Anthropic said it plans to list on Nasdaq under the ticker symbol “ANT.” The IPO will arrive shortly after rival AI firm Elon Musk’s Space Exploration Technologies Corp. filed its June IPO, which raised over $86 billion after opening. An Anthropic IPO could potentially eclipse the SpaceX offering and may even place the company ahead of OpenAI Group PBC, which is expected to debut sometime in 2027. The filing comes on the heels of Chief Executive Dario Amodei asking the industry to “slow down” AI development for humanity’s safety in September. He couched his language not as a halt, but as a request for safety and concern about the pace of development. Since then, AI models developed by leading model developers, especially OpenAI, have repeatedly broken out of their own sandbox environments, hacked into outside systems, or shown anomalous or uncontrolled behaviors. …

siliconangle.com