TL;DRAnthropic has picked Morgan Stanley and Goldman Sachs to lead its IPO, with JPMorgan also on the deal, targeting an October listing. SpaceX’s S-1 revealed it supplies Anthropic with 325,000 Nvidia chips at $1.25 billion per month.
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also working on the deal, Bloomberg reported on Tuesday. The Claude developer is weighing going public as soon as October after filing confidentially for a listing on Monday. More banks could be added to the lineup, and details of the offering could change.
The appointment formalises the underwriting syndicate for what could be one of the largest technology IPOs in history. Anthropic’s listing is part of a cluster of blockbuster offerings this autumn, with SpaceX set to list as soon as 12 June at a $1.8 trillion valuation and OpenAI also preparing its own filing with Goldman Sachs, Morgan Stanley, Citigroup, and JPMorgan.
The most striking detail emerged not from Anthropic’s own disclosures but from SpaceX’s IPO filing, which revealed that SpaceX provides Anthropic with AI computing capacity including approximately 325,000 Nvidia chips at a cost of $1.25 billion per month. The agreement runs through May 2029 and can be terminated by either party with 90 days’ notice after an initial three-month period.
