Artificial intelligence company Anthropic is moving towards a Wall Street debut, marking the latest chapter in its rise from a little-known research laboratory to one of the world's leading AI companies, valued at $965 billion (€840bn).
Anthropic said on Monday that it had submitted a confidential filing with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its common stock.
“This gives us the option to go public after the SEC completes its review,” Anthropic said in a brief statement. “The proposed initial public offering will depend on market conditions and other factors.”
The company said it hasn't decided on the number of shares to be offered or their price.
Here's five things to know about the potential IPO and the firm's competition.
