Anthropic IPO Explained: S-1 Filing, Nasdaq Listing and Key Risks

In late 2020, a group of senior OpenAI employees unhappy with what they saw as the company’s failure to adequately prioritize AI ethics and safety left the firm to form...

By Anthony Hughes, Bailey Lipschultz, Seth Fiegerman and Saijel Kishan · Bloomberg Markets

In late 2020, a group of senior OpenAI employees unhappy with what they saw as the company’s failure to adequately prioritize AI ethics and safety left the firm to form Anthropic PBC. Just a few years later, the younger company has become an artificial intelligence behemoth that is expected to hold one of the largest and most closely watched initial public offerings in history.