Anthropic IPO: Dario Amodei and Jamie Dimon set for live-streamed event
The Claude chatbot maker is preparing to launch marketing for a potentially record-setting listing ahead of Thanksgiving.
Artificial intelligence developer Anthropic is organising a live-streamed event featuring chief executive Dario Amodei and JPMorgan Chase chief executive Jamie Dimon as part of the marketing effort for its upcoming initial public offering.
The event is scheduled for around lunchtime on Friday in New York, according to a person familiar with the matter. It is designed to drum up interest ahead of the Claude chatbot maker's debut on the Nasdaq, which is expected before the US Thanksgiving holiday. Marketing for the share sale is set to formally begin as early as Tuesday.
The discussion follows a similar format to a live-streamed event held by Elon Musk in June ahead of SpaceX’s listing, though the Anthropic session is expected to be less extravagant.
Underwriters and retail allocation
Anthropic has assembled a consortium of 22 investment banks to manage the offering. Goldman Sachs holds the lead-left role on the deal, while Morgan Stanley is serving as the stabilisation agent, according to regulatory filings with the US Securities and Exchange Commission.
| Bank | Role in offering |
|---|---|
| Goldman Sachs | Lead-left underwriter |
| Morgan Stanley | Stabilisation agent |
| JPMorgan Chase | Lead domestic retail marketing |
| Citigroup | Co-ordinator for international retail |
JPMorgan is leading domestic retail distribution, with Anthropic weighing an allocation of 15% to 20% of the total offering for retail investors. Citigroup is co-ordinating retail sales across international markets, including the United Kingdom, parts of Europe, Canada, Japan, and Australia.
Beyond its financial role in the listing, JPMorgan has also adopted Anthropic’s Claude Code tool across its operations beyond software engineering teams, according to a post on Anthropic's website.
Valuation and size
Anthropic is aiming for an offering size that could match or exceed the $86.2 billion raised by SpaceX in its record-setting debut in June, Bloomberg reported. Investor discussions have centered on potential valuations between $1.1 trillion and $1.3 trillion for the company.
Neither Anthropic nor JPMorgan Chase has issued formal public comments regarding the planned live-streamed event.
Key numbers
| What | Figure | Source |
|---|---|---|
| Target valuation range | $1.1 trillion to $1.3 trillion | Potential investor discussions reported by Bloomberg |
| SpaceX IPO benchmark | $86.2 billion | SpaceX listing data from June |
| Proposed retail allocation | 15% to 20% | People familiar with the matter |
| Number of underwriting banks | 22 banks | Anthropic filing with the US Securities and Exchange Commission |
In this story
| Name | Role in the story |
|---|---|
| Anthropic | AI firm preparing for an initial public offering. |
| Dario Amodei | Co-founder and CEO of Anthropic participating in the live stream. |
| Jamie Dimon | CEO of JPMorgan Chase participating in the live stream. |
