The anticipated initial public offering of Anthropic is likely to test investors’ ability to value a high-growth artificial intelligence company with substantial revenues but steep losses and uncertain cash flows, according to valuation expert Aswath Damodaran.
Anthropic is expected to begin marketing its shares during the week of November 9, according to sources. The timeline points to a public filing in the last week of October and a listing around mid-November, although the dates and plans could change depending on market conditions.