Key facts
- Anthropic has picked Morgan Stanley and Goldman Sachs to lead its IPO.
- JPMorgan Chase is also joining the agreement.
- The AI company is targeting an IPO debut as early as October.
- Anthropic's valuation reached approximately $965 billion in its latest funding round.
Anthropic has chosen Morgan Stanley and Goldman Sachs to lead its initial public offering, a significant role that will generate substantial fees and prestige. JPMorgan Chase is also participating in the agreement, with more banks potentially joining the syndicate. The AI company, known for its Claude family of AI models and focus on safety, is reportedly preparing for a U.S. listing as early as October. This move comes as Anthropic's valuation surpassed OpenAI's, reaching approximately $965 billion in its latest funding round, which raised about $65 billion. The IPO is expected to be one of the most closely watched tech offerings in years, providing investors a way to participate in the competition between leading generative AI labs.