OMM Newsroom
Artificial intelligence company “Anthropic” has disclosed details of its business for the first time and said it plans to sell shares to the public in a listing that could be the largest in history, according to BBC World.
The company behind the “Claude” chatbot plans to list on “Nasdaq” under the symbol ANT. The number of shares to be offered and their price range have not yet been determined, the company said.
“Anthropic” is expected to have a public-market valuation higher than “SpaceX”, whose listing this summer was the largest ever, with an initial valuation of roughly $1.8 trillion.
The debut would make “Anthropic” the first true AI company to go public and serve as a test of the technology’s future.
Technology companies have invested heavily in costly AI infrastructure and tools, including data centres and the models underlying AI technology. They have poured more than $1tn into these efforts over the past year alone.
Founded five years ago, “Anthropic” is led by chief executive Dario Amodei. Its other founders are his sister, Daniela Amodei, and five co-founders. The company announced in June that it intended to go public.
“OpenAI”, its most significant rival, soon followed, saying it also intended to list. A person familiar with “OpenAI”’s plans said that listing is now expected early next year.
After the companies settled on their plans, a wave of cyber-security and other technology breaches involving their AI agents occurred. The agents are bots designed to operate somewhat autonomously.
Current and former staff at both companies also drew public attention with new warnings that AI was being developed without the ability to protect humanity as a whole from possible future harm caused by AI tools.
In its new documents, “Anthropic” reiterated previous commitments to develop AI in ways that benefit people, while also warning investors about the technology’s dangers.
