Anthropic has officially initiated preparations for its upcoming initial public offering by filing confidentially. The company recently completed a funding round of $65 billion, which resulted in a company valuation of $965 billion.
The firm is currently assembling its underwriting syndicate for the public debut. Alongside established Wall Street institutions such as Morgan Stanley, Goldman Sachs, JPMorgan, and Citigroup, a smaller financial firm has joined the list of underwriters.
Recent reports indicate that Anthropic has also expanded its credit line to $15 billion. While the company is moving forward with its IPO plans, there are indications of a potential timeline shift to mid-October.
