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Anthropic plans NASDAQ IPO

Anthropic plans NASDAQ IPO

Anthropics, an American company specializing in artificial intelligence technology, has chosen NASDAQ for its anticipated initial public offering (IPO) scheduled for October. This move is significant in enhancing the stock exchange's presence in the emerging tech company market, especially with estimates suggesting a potential market value of up to one trillion dollars for Anthropics. The decision comes amid intense competition between NASDAQ and the New York Stock Exchange to attract the biggest AI companies, despite growing concerns over the possible existential risks associated with artificial intelligence. Experts have warned that the risks could potentially exceed a 10 percent likelihood. Listing on NASDAQ is considered an important step, although its success will depend on market response and the company's performance post-listing, with a priority placed on financial disclosures before engaging with investors.

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