Anthropic has chosen the Nasdaq for its IPO listing
Anthropic has selected the Nasdaq for its upcoming IPO, marking a significant win for the exchange over the New York Stock Exchange. The move comes as the company faces scrutiny regarding AI safety and existential risks, contrasting with OpenAI's current stance on remaining private.
Why it matters
The choice of exchange for high-profile AI companies is becoming a competitive battleground, reflecting the growing economic importance of the AI sector.
Anthropic's CEO Dario Amodei. Bloomberg/Getty Images Anthropic has chosen Nasdaq for its upcoming IPO, following SpaceX's recent listing on the exchange Nasdaq's tech IPO success continues, challenging NYSE's historical dominance in large listings. Anthropic's IPO plans emerge amid AI security risk discussions, led by former Anthropic staff. Anthropic has selected the Nasdaq for its potential IPO, according to a person familiar with their plans. The company, which has been targeting an October listing, has given Nasdaq another big win, according to a person familiar with the matter. Nasdaq secured the coveted SpaceX listing earlier this year. SpaceX was valued at $1.75 trillion , and some estimates have put Anthropic at $2 trillion, though that figure has not yet been finalized. The record-setting size of these IPOs, combined with the dearth in tech listings in recent years, has made winning this competition particularly valuable.
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