Anthropic PBC has selected JPMorgan Chase & Co. to lead the US retail portion of its highly anticipated IPO, according to sources. The AI company behind Claude is considering allocating 15% to 20% of total shares to individual investors. JPMorgan CEO Jamie Dimon is expected to personally participate in the sales campaign, mirroring the bank's successful retail push during SpaceX’s $86.2 billion IPO.
Citigroup Inc. will coordinate international retail sales across Australia, Canada, Japan, parts of Europe, Switzerland, and the UK. The offering targets high-net-worth individuals and private banking clients via broker platforms. While final details remain fluid, Anthropic’s public filing marks the first major IPO from a company focused exclusively on advanced AI model development.
Goldman Sachs and Morgan Stanley lead the overall offering. Investor sentiment suggests a valuation between $1.4 trillion and $1.75 trillion, fueled by massive capital needs for AI infrastructure. This comes as Meta plans to raise up to $98 billion and Alphabet seeks $85 billion, amid growing scrutiny over AI safety following recent cyberattacks.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing