Anthropic files for IPO, joining OpenAI and SpaceX in the race to go public
… The company did not disclose how many shares it plans to sell or at what price, and said the offering will depend on market...Read Entire Article
… The company did not disclose how many shares it plans to sell or at what price, and said the offering will depend on market...Read Entire Article
… We’ve spent the last few years really wondering if the IPO market was going to quote-unquote “open back up” after a lot of consternation about private markets, and mockery about people reaching their like Series whatever fundraising round. …
… That said, despite Anthropic’s clear boost, OpenAI isn’t seeing a lack of secondary interest. “From a secondary investor standpoint, OpenAI had already grown into a significant portion of its valuation,” Shapiro told TechCrunch. “We haven’t seen OpenAI crater or anything close, and the valuation is… …
… Musk,” which “frequently receive an immense amount of media attention,” are listed as a risk factor in SpaceX’s IPO filings. …
… The company said that the timing of the IPO would “depend on market conditions and other factors.” The announcement comes just days after Anthropic unveiled a $65 billion fundraising round. …
… An OpenAI IPO could require investors to price in substantial future expansion despite these uncertainties. Overall, the IPO race could serve as a broader stress test to determine if the AI industry is actually based on a durable business model.
… Both Goldman Sachs and Morgan Stanley have been assisting OpenAI in drafting IPO documentation and may file it with regulators as soon as Friday, according to The Journal. On Monday, a jury dismissed all claims in Elon Musk's lawsuit against Altman , which paved the way for IPO talks. …
… Read more : Elon Musk aims for record IPO for SpaceX of $1.5 TRILLION, biggest stock-market listing ever However, investors are being sold on SpaceX as a package, and not an individual entity. …
… He previously ran a marketing and PR agency in the gaming industry, led editorial for the TV network CBS, and worked on social media marketing strategy for Samsung Mobile at the creative agency SPCSHP. …
… And both companies need the market to believe their valuations are justified before their respective IPOs land. For now, at least, they need each other if either is to keep up with the Jones in the AI race. …