Anthropic eyes Nasdaq listing in October as AI chatbot maker prepares IPO

Anthropic, the San Francisco-based artificial intelligence company behind the popular Claude chatbot, has chosen Nasdaq as its exchange for a long-awaited initial public offering, according to multiple sources familiar with the development. The move marks a significant milestone for the AI sector, which has attracted unprecedented investor attention following the explosive growth of generative AI applications.

The company is targeting a potential IPO in October, with financial backing that could rival or exceed the valuation achieved by SpaceX in its landmark public offering. The exact timing and fundraising target remain subject to market conditions and regulatory approval, underscoring the company's confidence in investor appetite for high-growth technology firms.

Anthropics decision to pursue a public listing reflects the sector's maturation and growing mainstream adoption of AI technologies. The company, founded by former OpenAI executives, has established itself as a prominent competitor in the generative AI landscape through Claude, a conversational AI assistant that has gained significant traction among enterprises and consumers.

The IPO would further fuel the AI boom that has reshaped global technology markets over the past two years. For Indian investors and technology firms, the offering represents continued validation of the artificial intelligence sector's commercial potential and growth trajectory globally.