Anthropic starts IPO investor meetings, CNBC reports

Investing.com -- Anthropic is arranging meetings with investors as it prepares for a possible initial public offering later this year, according to a CNBC report Wednesday.

Bankers managing the offering are scheduling meetings between potential investors and executives of the artificial intelligence company, which develops the Claude models, the report said.

The meetings indicate that Anthropic's IPO preparations are moving forward as bankers assess investor interest before a formal roadshow and share sale. The company filed its IPO prospectus confidentially with the Securities and Exchange Commission last month but has not announced a debut date.

The AI startup could go public as soon as October, though the timeline may shift, Bloomberg reported.

Anthropic looks poised to reach the public markets ahead of competitor OpenAI. OpenAI also filed confidentially for an IPO with the SEC in June but has not provided further details.

Anthropic, founded in 2021, completed a $65 billion funding round at a $965 billion valuation in May.

Goldman Sachs, Morgan Stanley and JPMorgan Chase are working on the IPO planning.

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