Mentioned:
Anthropic is one of the world’s most important companies building artificial intelligence. And they’re coming to the Nasdaq next.
What’s happening:
- Anthropic has filed a Form S-1 with the United States Securities and Exchange Commission for an IPO on the Nasdaq
Why it matters:
- Anthropic has rapidly become one of the most important artificial intelligence companies in the world building large language models with more than 1,900 customers globally spending $1M USD or more a year on their Claude family of models
Going deeper:
- Anthropic’s Form S-1 shows unaudited revenue of $16.3B USD in the first half of this year
- Multiple publicly traded companies have struck new partnerships with Anthropic lately, including Novo Nordisk (NYSE: NVO), AMD (NASDAQ: AMD) and Micron (NASDAQ: MU)
The intrigue:
- A Public Benefit Fund holds 5% of the fully diluted shares in Anthropic and can receive up to 2% more following each 50% move in Anthropic’s stock price following the IPO
