Anthropic is pressing ahead with plans for an initial public offering (IPO) in mid-November, even as market volatility, rising interest rates and concerns over the sustainability of artificial intelligence spending force several technology and infrastructure companies to delay their listings.
The AI startup could make its prospectus public as early as late October and is expected to begin marketing its shares to prospective investors during the week of November 9, people familiar with the matter told Reuters. The timeline remains subject to change.