New York City Comptroller Mark Levine has urged Anthropic to delay its upcoming initial public offering. Levine cited concerns regarding artificial intelligence safety, corporate governance, and the overall pace of development as primary reasons for the requested pause.
The comptroller’s office projects that rapid AI adoption could lead to the loss of up to 135 000 jobs in New York City. Additionally, estimates suggest the city could face a decline in tax revenue of nearly $9 billion over a four-year period due to AI-related economic shifts.
In a May 2026 report, Levine recommended establishing a reserve fund equivalent to 16% of annual tax revenue to mitigate potential economic fallout. His position is supported by economist Jeffrey Sachs, who advocates for federal safety and liability regulations before major AI companies enter public markets.
Anthropic has filed for its IPO confidentially, with expectations of a valuation around $2 trillion and potential fundraising exceeding $100 billion. The company could launch its public offering as early as mid-November 2026.
The company's prospectus includes 80 pages detailing risk factors, including the potential for AI models to pose threats to humanity or exhibit coercive behavior. CEO Dario Amodei previously noted a 25% probability of extreme negative outcomes from AI development.
